Post by
Snowballer on Jan 19, 2022 8:26pm
$75 WTI Base Case Scenario
50% of 2022 $900M FCF @ 7.5% dividend yield = $10.60 SP
Much more interesting ;)
Comment by
Snowballer on Jan 19, 2022 8:31pm
ERROR!!!: OOOOPSSIE. Read the wront chart on the Presentation lol. Should be calculated at $500M FCF @ 50% at 7.5% yield is $5.99 Less interesting but still not boring! A 32.5% increase from here
Comment by
ziggy1410 on Jan 19, 2022 10:37pm
Snowballer , somewhere in the middle with a 5% yield will be great.....A patient game for sure...
Comment by
Snowballer on Jan 28, 2022 5:37pm
there is Nuttall's $6 call lol
Comment by
ManitobaCanuck on Jan 19, 2022 8:35pm
I guess we havent added the Clearwater profits to this . Clearwater they planned 12 wells in 2022 =Approx 800bb/d on first two wells. That is the wild card
Comment by
Snowballer on Jan 19, 2022 8:40pm
No, doesn't include clearwater I imagine... I just used the numbers they provided and applied a basic DDM to it using a veary reasonable yield requirement to derive value imo. The value really jumps when the equity pie is smaller. i.e. if we apply 50% of $500M FCF @ 7.5% yield over only 400M shares the SP is $8.33... vs. $5.99 (per my last corrective post)