RE:Darrell Cronk CFA President,Wells Fargo Investmentlensgto wrote:
Darrell Cronk moments ago on BNN stated that BRENT PRICES you could easily put a 6 in front of the current price in 2021. The current price of Brent is $55.52 and later this year $65.52 according to Darrell. I see BTE having a FCF for 2021 in the neighborhood of 400 to 500 MILLION Dollars if all pans out. That puts us on an easy DOUBLE from here. OMO, GLTA LONGS
65 buck brent, 400-500 fcf, I'll be looking for quite a bit more than a double from here