Can a hardcore FA lover please do a projection for me:
1) Consider AKK's profitability projection on $40 a barrel oil. An then do the same for $50 a barrel (current WTI macro forecast for 2017).
2 ) do a very basic likely future pe ratio off the two projections.
3) tell me what the SP should (in a perfect world) sit around when utilising both projections.
*I know this will be hard because you will be barely able to cope having to do a future/pe based on half data, assumptions and projections but KISS and do your best.
Go!
AKK Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held