RE:RE:Lots of room to runLook at Cash Flow & Free Cash Flow. Dividends / Growth - Royalties etc are funded via FCF vs. "Earnings".
Banks for example = Earnings.
Energy look more at Cash Flow and Free Cash Flow.
You'll see some Energy companies have a 'super low' P/E at times as they may have had a divestiture on the books.. but always have to look at CF.. that's what's coming in .. then subtract CapEx etc.. to get FCF.
Key to investing in this sector.
This stock, this company is a clear buy.
Make sense?
~TGC.
Cobalt wrote: 85 PE some as low as 2 average on a bunch i looked at 11 PE , 85 PE someone explain that please , cheers
Grandcentral wrote: I like the opportunity TPZ is presenting.
GLTA