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Energy Investing
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Re: ROK, YGR are growth companies. Who will care? The names that are closest to 52 week high are SU, CJ, FRU and PEY buyback helps but dividend rules. BNE ~120mm FCF last year, or about 40% FCF yield. 20% payout ratio translates to 8% yield. High reserve, low decline and low cost - trading at below 2x CF and 1/4th of its 1P value - like why? Because no one out there thinks oil will stay high for another year.. let alone 5 - 6 years bull market that Eric often talk about. |
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