If you believe that the company is likely to continue to benefit from its synergies from the merger and is able to generate better than expected free cash flow, then this could potentially be a positive trade in your portfolio.
Expected development of free cash flow in the Group for 2013 through 2015.
ENGADGET: T-Mobile and Apple sign agreement to launch products in 2013
McMoRan's early successful wells did not produce as much gas as expected to generate sufficient cash flow to keep the drilling program moving along, so management needed to try something different.
The Group's free cash flow is expected to be around EUR 6 billion in 2015 (including MetroPCS).
ENGADGET: T-Mobile and Apple sign agreement to launch products in 2013
The Group's free cash flow is expected to decrease to around EUR 5 billion in 2013 (scheduled figure for 2012: around EUR 6 billion), primarily as a result of the increased capital expenditure and the systematic implementation of the Challenger strategy in the U.S. market, including the agreement with Apple.
ENGADGET: T-Mobile and Apple sign agreement to launch products in 2013
In Watt's Latin America Equity fund, for example, you are getting shares of YPF, an integrated oil company in Argentina that trades at 6.5 times estimated cash flow (expected 1998 earnings plus depreciation). (The comparable ratio for Exxon is about twice that.) Buy the fund and you are buying YPF even cheaper, since the fund trades on the New York Stock Exchange at a 29% discount to net asset value.
The deal is expected to be accretive to free cash flow ex integration costs in the first full year following the close.
CenturyLink said the deal is expected to improve its revenue, EBITDA and free cash flow.
In its presentation, Delta outlined a five-year financial plan that envisions expanded free cash flow generation through a combination of expected earnings improvements and disciplined capital investment.
In Watt's Latin America Equity fund, for example, you are getting shares of YPF, an integrated oil company in Argentina that trades at 6.5 times estimated cash flow (in the sense of expected 1998 earnings plus depreciation).
It trades at 2.3 times cash flow and 3.6 times 1998 expected earnings -- a 65% discount to other Latin food retailers.
Westmoreland said the mine fits well with its existing mine mouth operations, and it anticipates the transaction will be cash flow positive immediately upon closing, which is expected to be by January 31.
Research In Motion is losing market share much faster than expected to rivals Apple and Google, amid mounting concerns over its cash flow and ability to meet its outlook, analysts warned on Friday.
Newmont is losing about a million dollars a day in cash flow due to lower output, and this situation is expected to continue in 2013.
FORBES: Newmont's Revised Production Forecast In Indonesia May Cause Labor Troubles
Newmont is estimated to be losing about a million dollars a day in cash flow due to lower output, and this situation is expected to continue in 2013.
I've also reduced the expected payment from Cloosh by a year and a half's worth of operating cash flow, since it will not be received until the end of 2013.
Considering the company's cash flow and earnings momentum, the stock appears attractively valued at 15 times expected year-ahead earnings--below the restaurant-sector average of 17.
That is especially so when combined with the production cash flow that should began to grow again in early 2011 when Blueberry Hill is expected to come online.
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