/biz/ - Business & Finance

>>54933471
No problem. Also forgot to add that I also want to know the company's corporate decline rate (if possible); reserves; reserve life index; and finding, developing and acquisition costs per unit (and recycle ratio). To understand how sustainable their operations are so that there are no sudden CAPEX increases or production fall off, and to see how much the company has to pay in order to keep reserves up while they get depleted. A recycle ratio below 1 means that they are depleting their reserves and that could be bad in the long run.

I took a quick look at SM Energy's Q1 report just now btw. They are earnings negative but still cash flow positive even after divvies and buybacks, so that's an encouraging sign. But still the Q2 reports are going to look much worse than the Q1 reports this year so a deeper dive will be necessary.
>>54933584
Didn't oil run up like crazy while everything else was screaming death? And only when gold went up did oil crash back then? I cannot be bothered to look that up right now but I remember oil doing some weird shit.