OTCPK:TLSMF - Post by User
Comment by
JackDeeValentinon Nov 28, 2014 9:22am
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Post# 23173184
RE:Trading 40% Below Book
RE:Trading 40% Below BookTLM is 74% natural gas sensitivity to oil prices is overstated by recent share price declines if TLM captures $60/bbl for oil EBITDA will be approximately $2.3b in 2015 if TLM captures $70/bbl for oil EBITDA will be approximately $2.6b in 2015 based on a $4.90 Nov 28th share price market cap of $5.06b & debt of $4.32b for EV of $9.38b with enterprise now trading at 4.1X $60/oil, 3.8X $65/oil, 3.6X $70/oil, and 3.35X $75/oil