Post by
Torontojay on Jan 13, 2021 6:07am
Free cash flow
In the last 4 trailing quarters Essential Energy produced cash flow of $24.219 million and invested $4.078 million in plant, property and equipment. Even without including proceeds from the disposition of older assets, they have achieved free cash flow of $20.141 in this very difficult environment. With a current market cap of 36.88 million we have that $20.141 million is free cash flow for a yield of =~ 54.61%
I don't think there is any other energy company that can brag about having numbers like this.
Comment by
ariesleaf on Jan 13, 2021 1:34pm
When the Company's news comes out do you see a major increase in the stock price.?
Comment by
Torontojay on Jan 13, 2021 2:03pm
Not really. It's such a boring stock with boring management and depressing outlooks. As long as their machines are in working order and producing cash, then I'm buying more shares.
Comment by
Gabora on Jan 13, 2021 3:59pm
There some contradiction in your last 3 posts. Sounds like your unsure about esn. GLE