TVE Revenue Growth -- Cash Flow Increase1. $68.00 USD WCS -- Currently
2. Nine Months Left in 2024
3. 62,000 BPDE
4. 1.355 CAD
If we stay at this level for the rest of the year -- on average $68 WCS Basis
TVE revenue for those next nine months will be $1,565,000,000 CAD.
And with the current quarter estimate of $445,000,000 in revenue (estimate).
This means TVE has a shot at breaking 2Billion CAD in sales for 2024.
2023 revenue was 1.7Billion CAD.
This means an increemtal 300M CAD in cash flow.
My recomendation -- Hold and accumulate when you can.
If that happens TVE is a 6 Dollar stock for sure.
Buybacks and debt repayment progress will drive the stock price to that level and more.
ML