WTI - $82+So ,
we have a differential with CPG of about $7 , lesser quality oil. With that being said , The Company has already factored this in and stated free cash flow will be $625 mil to $875 mil based on wti of $65 to $75. Well , we are at $82+ . For every dollar we make approx $35 mil per year . This is over and above the numbers outlined . Now there are royalties and some minor costs but $35 mil x ($82-$75) =7 = $245 mil more than forecast. This company could generate more than 1 billion of free cash flow next year. Just asking but why isn't this stock over $7 and closer to $10. 1 billion in free cash flow. Maybe I should short this ? Wth.