Post by
zack50 on Aug 03, 2022 7:36pm
What's NOT to like about PNE...
* Debt free... now in a + cash position.
* Dividend increase of 20% to $0.12 per annum
* AFF is @ $55.8M in Q2... that's just 6% less than the entire AFF for 2021.
* Projected AFF for 2022 is ~$185M... based on today's forward strip pricing.
Love this litle play!
Comment by
jjgrey on Aug 03, 2022 7:50pm
Crazy this company only trades at 3X cash flow with no debt ,6.5% yield and under 10% decline rate. I expect a rerate before winter. My target before year end is $2.40...GLTA!