Post by
Hendrick3 on Nov 01, 2022 7:21am
Results are out and look good
My focus is on FFO per share which was 52 cents. Relatively speaking, they out performed TVE which was in the 40!s but trades in high $4 range. Production at 11,750 is probably below this board's expectations but a huge increase just the same. It is earning over 30 cents a share consistently which suggests 21/2 earnings multiple which is really low and suggests massive upside. Great stock. Just needs to get noticed.
Comment by
kavern23 on Nov 01, 2022 10:48am
Just dived in but I agree looks really great. I came in at 12100 and 11750 boe is very close. Like 2-3% off, CF at 45m came in as expected. Looks very nice. Like that net debt could be as low as 125M by Q4 end.