Delphi Energy: More Growth And Stock Upside To Come
Street Smart Investor • Today, 7:15 AM
- Delphi Energy stock has surged by 188% in one year, but the good times are far from over.
- Delphi Energy plans a high impact capital expenditure of $770 million over next five years with cash flow funding potential.
- The company’s production is expected to grow at a CAGR of 28% over the next five years, triggering significant revenue upside.
- Potential asset divestment in 2014 will add to the robust financial flexibility the company already has.