Post by
MyHoneyPot on Jan 22, 2023 7:44pm
Why hold on to NVA shares
37.3 million X 12 = 450 million dollars.
NVA is going to grow more than 20% in 2023 and could produce an average of 83,000 boe/day
The will generate more than 400 million in FCF
That is with 85 dollar WTI and $4 dollar NYMEX
That is like a 36% return, so there is lots of upside on this stock.
So pou shareholders, you own the best company on the planet, who owns a big chunk of the second best company
IMHO
Comment by
SigmaKappa on Jan 23, 2023 10:53pm
My guess (is like most companies) nva increases dividends etc. - so it's extra cf for Pou to give back to own shareholders.