Post by
BayStreetWolfTO on Jun 23, 2022 10:56am
A bearish view $70 WTI
Good pint
At $70WTI, a 33% price drop from here
BTE stock is now trading at a 18% free cashflow yield, and at 75% of FCF to "returns" could still pay a 13.5% dividend!
BUT say we go with with 50% FCF to "returns" that would be a 6.75% dividend...
There is the $70 bear case....
Enjoy!
Comment by
HighOctane89 on Jun 23, 2022 11:01am
This is getting really sickening , it's starting to feel like 2008 .