RE:RE:Earnings Friday May 6 Before Market OpenYeah, I think youre right about the share price and inflation worries that's why I think it will trade sideways and consolidate until it can prove it is worth a higher valuation.
If your predictions on revenue and EPS come true then this may happen sooner than later and I know analysts have pegged the share price targets 10-20% higher than where they are now.
All I can say is I have never been more comfortable holding this stock than I am in the current global O&G market conditions. Some debt reduction would be nice with rising interest rates but I leave those decisions to management to allocate the funds where they do the most good,
GLTA and Go Enbridge! ;-)
youknowwhat wrote: Quinty
I believe you will see a beat on both revenue and EPS.
My guess EPS will be between 88 and 92 cents.
DCF or FCF will likely increase over Q1 2021to somewhere between 460 to 480 million.
Boy just stuck my neck out. IMO share price is reflecting the worry concerning inflation and as always the market is oversold (my opinion) my head is ready to be chopped off.