red2000 wrote: Just reload my homemade
very conservative calculation with new settings :
1) Avg. price of all boe/d 78$ CDN for the 1st 6 months.
2) Avg. price of all boe/d 100$ CDN for the last 6 months of 2022.
3) 1st 6 months all FCF pay down debt. FCF at only 24% of Revenues !
4) Q3 + Q4 : Dividend of 0,05/Sh. per Quarter.
5) Also in Q3 and Q4 Buyback shares for 5% === 28,2 M Out. Sh. at an avg. : 5,25$.
6) Include Hedge at 68$ for 42% of production of 81,500 boe/d.
Note: As you can see I am not taking care of all others factors, Exchange rate, WCS, Nat gaz or NGL price, interest saving, etc.. and CLEARWATER not added. !
I used this method with monthly WTI price for each quarter in 2021 an my error margin was only 1,2%.
ROLL THE DICES....
So what is your Share/price value if that happen ??? For me, a minimum call between 6 to 8$ !!!
Probably on a bumpy road !!! Ending dec. 2021, I expect to see with Year End Results an Enterprise Value of 4B$ !
Which is worthing per share : 4B$ divided by 564M out. Sh. === 7,09$ still without financial ratio use on TSX stock !!!
GL LONGS, we deserve it !