Post by
Sunsurfer12 on Nov 03, 2022 6:54pm
Free cash flow
Just looking at their free cashflow number for 2023 estimated at $1.7b and that number is after capex..and after dividends which includes this latest divy increase on annualized basis..if youre assuming an avg 600m shares o/s next year that's an additional $2.83/share or 14%+ free cashflow on top of your dividend based on a 20% share price..taken with divy that's total return of $3.40/share next year if im looking at it right...
what's a reasonable go forward trading yield 8%? that would equate to a $40+ share price..feel free to correct me if im looking at it wrong
Comment by
NothingBurger on Nov 03, 2022 7:24pm
free funds flow of $1.7b is before dividends. This is not that great and frankly that is a disappointing sustaining capex number. $1.8b to grow production by 2%.