RE:RE:Why COS is heading back to $30+Gladly!
To better reflect higher natural gas costs, taxes and royalties, I updated the inputs and the result was $3.68 cash flow per share.
Analysts are looking for $2.64 cash flow per share.
The gap is going to become apparent when Jan/Feb/Mar production numbers are released and analysts start to update their models for a blowout Q1. We should start to see some upgrades made by a brave few.
Also, BMO Nesbitt is using an 8.7x cash flow multiple for their target price. This is higher compared to other firms.
Applying that same multiple to the increased cash flow estimate of $3.68 and you hit a target of $32.
Buy some shares, sit back and wait for the fireworks.