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Energy Investing
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Re: Lunch with Baker Hughes RepThanks That’s very good info Companies going from 3x 4x debt to below 1x debt Companies going from using all cash flow plus additional financing to drill to 60 70 percent CF to drill. No more drilling just to hold on to valuable leases Less capital to drill, lower production, higher returns All music to my ears |
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Msg # | Subject | Author | Recs | Date Posted |
332606 | Re: Lunch with Baker Hughes Rep | dol90 | 0 | 6/9/2021 9:49:37 AM |