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CHK acquisition, CLR gets POWDER RIVER
Posted: Tue Jan 25, 2022 7:27 am
by Fraser921
CLR gets POWDER RIVER
Posted: Tue Jan 25, 2022 12:27 pm
by Fraser921
Someone is buying CLR
Nice to be able to write a 400 m check after spending 3.200 m in December.
I estimate they are making 10 m a day FCF
Re: CHK acquisition, CLR gets POWDER RIVER
Posted: Tue Jan 25, 2022 12:41 pm
by dan_s
CLR generated over $4.1 billion of operating cash flow in 2021 and should generate over $6.1 billion ($16.75/share) of operating cash flow in 2022. 6X operating cash flow is a reasonable 12-month price target for CLR.