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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: keith massey who wrote (6139)	3/7/1999 3:38:00 PM
From: TheBare	Respond to of 24892

I'm fairly ignorant of these technical details. If the answer is contained on some web site please let me know. I'd like to get quick financials from a oil&gas company quarterly/annual report. I'd like to start by using info from Kerm's #3466 posting. oil revenue = oil barrels/day * 350 days/yr * average oil price gas revenue = mcf/day * 350 days/yr * average natgas price total revenue = oil + gas revenue cashflow = total revenue * historic cashflow/total revenue ratio cashflow/share = cashflow/fully diluted number of shares 12 month target price = cashflow/share * historic cashflow ratio Questions: 1. How do you find out what the "historic cashflow ratio" is? 2. What is a decently run company's "historic cashflow/revenue ratios" value? The company I am looking at is around 0.40 historically. 2. Kerm mentioned a "debt adjustment factor" that can be applied to the calculations above, since there is no debt factor taken into account. But isn't the historic cashflow/revenue number taking into account debt? That is, the bigger the debt, the more money to service the debt and the lower the cashflow/revenue ratio? 3. Financial statements declare a debt/cashflow, cashflow, cashflow/share nuumbers. Are those good enough numbers or should you calculate your own? 4. What is "field netback" as declared in some financial statements?