Tuesday, October 26, 2021

This Graphic Speaks Volumes -- October 26, 2021

Link here.


Now we need to overlay this graphic with free cash flow / active rig.

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2 comments:

  1. rjsOctober 26, 2021 at 8:43 PM

    i've pointed out the same thing...but thinking about it, shouldn't we be using the price of the strip, rather than just this month's price?

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    Replies
    1. Bruce OksolOctober 27, 2021 at 7:55 AM

      Or better yet, post both: rigs vs "YTD" and rigs vs "prices going forward."

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