More carnage in ng

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Fraser921
Posts: 3240
Joined: Mon Mar 22, 2021 11:48 am

More carnage in ng

Post by Fraser921 »

When will it ever end?

Let see what we got here

- Higher operating costs
- Recession
- Lower realized prices
- Limited takeaway
- Warm winter
- Coming - Analyst cuts

That's why I use 3-4 x free cash flow in valuations
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