Lundin Petroleum CEO on Q2 Earnings, Dividend, Costs

Lundin Petroleum CEO on Q2 Earnings, Dividend, Costs

Assessment

Interactive Video

Business, Architecture

University

Hard

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The video features an interview with Alex Schneiter, CEO of Lundin Petroleum, discussing the company's strong performance in the second quarter, including revenue and production guidance. The conversation covers the outlook for oil prices, influenced by global demand, OPEC discipline, and shale oil production. The company plans to use its significant free cash flow for growth and shareholder dividends. Despite low operating costs, there is potential for cost inflation as oil prices rise.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What steps is the company taking to deploy its significant free cash flow?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the current operating costs of Lundin Petroleum and how do they compare to the industry?

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