Wednesday, March 24, 2021

Focus On Free Cash Flow -- March 24, 2021

Link here

2 comments:


  1. https://ieefa.org/wp-content/uploads/2020/03/Shale-Producers-Spilled-2.1-Billion-in-Red-Ink-Last-Year_March-2020.pdf

    Some context

    ReplyDelete
    Replies
    1. A more recent update from same organization here:

      https://ieefa.org/ieefa-frackers-continue-to-produce-positive-cash-flows-in-q4-2020-with-deep-capital-expenditure-cuts/.

      This is quite fascinating. It will be very interesting to follow.

      It would be interesting to compare the same metric (free cash flow) in /for:

      renewable energy sector;
      Amazon's first ten years;
      Tesla's first ten years;
      the federal government of almost any nation.

      It's important to note that the blog is not an investment site. As I've said many, many times, I am inappropriately exuberant about the Bakken. The purpose of the blog was to better understand the geology and the strategies to extract unconventional oil, horizontal drilling and fracking vs vertical, non-fracked wells. I don't follow off-shore drilling at all, although occasional some posts on same. I post investment notes because "following the money" is probably the best way to track what's going on in any industry / sector.

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