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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?

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

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

      Delete

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