Investor Presentaiton
Q3 2023 KEY METRICS
Q3 2023
Change¹
Reported Production
24,430 BOEPD
-2%
(Avg. WI Daily Production Volumes)
Adjusted EBITDAX2
$71.4 million
9%
Adjusted Net Income per share²
7 cents
-36%
Diluted Net Income per share
6 cents
0%
Cash flow from operations
$94.2 million
165%
Cash Capital Expenditures
$22.5 million
-17%
Free Cash Flow 2
$57.2 million
1071%
Shareholder Return (Dividend and buyback)
$12.8 million
9%
Strong Sales and Lower Capex Spend in Q3 and Projected for Q4 2023, Driving Meaningful Growth in Cash Flow
1) % Change from Q2 2023 to Q3 2023
2) Adjusted EBITDAX, Adjusted Net Income, Adjusted Net Income per share, Free Cash Flow and Adjusted Net Income Per Diluted Share are Non-GAAP
financial measures and are described and reconciled to the closest GAAP measure in the Appendix or in the Q3 2023 earnings release
Slide 8View entire presentation