Post by
shenty46 on Mar 01, 2021 10:19am
Unless
Unless it crosses 3.49 $, it is heavily on the radar of bears. Very very undervalued. Premium gas player who gets premium valuations for its products. All of the boarders who are accusing the ceo are wrong, in the last four years due to highly depressed gas prices, almost all companies have suffered
Comment by
PlutusofCrete on Mar 01, 2021 3:17pm
We are making it to $4 by the end of the year. It just has to happen or else I give up.
Comment by
wsm1234 on Mar 01, 2021 3:37pm
They are going to cash flow $400M (before capex) this year if Henry Hub averages $2.80 and WTI averages 60 bucks. Current market cap $780M + debt $750M is 1.53B EV. Show me another O&G company that's trading at under 4x EV/cash flow. Maybe there's one I don't know about. I think Tamarack Valley is cheap but even they are something like 5x CF now with the recent run up.
Comment by
GuidoSan1 on Mar 01, 2021 3:44pm
Impressive numbers no doubt but your key word qualifier is "IF" and for now shoulder season NG sees a good chance of HH 2.40 to 1.80 low as possibilites, throwing a sizable wrench into those spectulative numbers, further delaying what we all as investors would like to see. Cheers anyway.
Comment by
GuidoSan1 on Mar 01, 2021 3:51pm
Further the hefty rise in short positions Jan-Feb suggests otherwise so it becomes a show me proposition and with Jeffrey's track record all bets are off until proven otherwise. Talk is cheap, short leash, prove it looms on the horizon, cheers.
Comment by
shenty46 on Mar 01, 2021 7:29pm
You are absolutely right and even this estimate of 400 million cash flow before capex would go on the higher side, as ng prices are going to average higher than their estimates, i also dont find any stock with this type of valuation.