Repeat, Buy OXY

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Fraser921
Posts: 2955
Joined: Mon Mar 22, 2021 11:48 am

Repeat, Buy OXY

Post by Fraser921 »

why

1 Warren Buffett buying

2. cash flow sensitivity

CASH FLOW SENSITIVITIES
 Annualized cash flow changes ~$225 MM per $1.00 /
bbl change in oil prices
◦ ~$205 MM per $1.00 / bbl change in WTI price
◦ ~$20 MM per $1.00 / bbl change in Brent price
 Annualized cash flow changes ~$205 MM per $0.50 /
MMBtu change in natural gas prices
 Production changes ~300 boed per $1.00 / bbl change
in Brent price

3. Volumes increasing q2, realized prices increasing q2 ; q1 was 3.3 b in FCF all went to debt..Q2 will be over 4 b

check out slide deck slide 32... q1 103 bod / day oil, 80 ng & liquids.. 80 a day * 90n days is 720 boe, = 4.5 bcf More than CRK More than AR combined....ALL UNHEDGED

3 A . GO BACK TO # 2, LOOK AT CASH FLOW IMPACTS FOR HIGHER PRICES

4 https://www.oxy.com/globalassets/docume ... slides.pdf
Last edited by Fraser921 on Fri May 20, 2022 9:53 pm, edited 1 time in total.
Fraser921
Posts: 2955
Joined: Mon Mar 22, 2021 11:48 am

Re: Repeat, Buy OXY

Post by Fraser921 »

Just saw this

paying off debt fast as they can, 100 % of FCF 3.3 b paid in q1

on 5/16....

https://www.oxy.com/globalassets/docume ... -notes.pdf

another 2.0 b to be retired
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