Pleasant dreams Take these analyst estimates with a grain or pound of salt.
Scotia sees "adjusted" eps of 68 cents this year, $2.27 next and $2.40 in 2025.
Adjusted EBITDA is supposed to go from $57 million to $145 and $151 million respectively for 2024 and 2025.. 35 million shares outstanding.
Keep in mind that the same analyst some 6 months ago saw Anaergia generating very similar 2025 numbers for EBITDA, as I recall.
Nonetheless, absent a hurricane descending upon Prince George, BC, it's hard to see how this story goes into the ditch over the next 6-9 months if oil prices stay relatively the same.
If we temper our enthusiasm, let's say $2 earnings for the next two years. For the mathematically-challenged, that's 5X eps with the stock going up to $10. Not cash flow, not ebitda, not whatever. Earnings.