What else does a guy do on a Friday afternoon than listen to a presentation on Enerplus. The highlights: 222m net debt Exit 2022 2023 Est WTI 80 550m Capex 450-460m FCF (14% FCF Yield) 60% Shareholder returns (divy + buybacks prioritizing buybacks given market not recognizing value) 40% Balance sheet strength 3-5% production growth 10 yrs Tier 1 inventory, breakeven $55WTI Lower Marcellus
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