Quote:
Originally Posted by OldDutch
Every publicly traded commodity company that I have worked IT in.
I have seen the following. You want CapEx, fill yer boots. Oh you want some Opex? no way we can afford that.
Hence why contractors are plenty and employees are few.
Cause shareholders hate overhead.
Maybe just me.
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No you are absolutely correct. All shareholders and analysts care about in commodity extraction is funds flow and EBITDA. Both of those metrics are normalized for depreciation/depletion. Shazam has no idea what they are talking about.