FINANCIALS ?? "For the nine months ended September 30, 2017 Essential reported revenue of $132.6 million, a 106% improvement from the first nine months of 2016. EBITDAS(1) was $17.5 million, or $22.5 million higher than the prior year period."
Ok Someone help me here , on the last Q report they made 17.5M in 9 months....so lets kick that up to 20M per year ...is that conservative and realsitic?
Looking at their balance sheet I see 165M (assets- liabilities)
165M / 140 shares outstanding = $1.17 per share
I also think they are likely to get most of their legal costs back for the packers plus ......likely not cetain ...
So I realize nat gas will be grinding down over the next 2 years and oil in canada might slow down a bit too..... BUT ....
there is no debt here so .....why so underpriced?? Can they not even make 10M per year if conditions deteriorate?? Seems like a freeroll here (invest with little to no risk) ...