Remove 2018 Remove Dividends Remove EBITDA
article thumbnail

Is BP’s new strategy – full focus on profits – viable in the long term?

Valutico

Furthermore, the company increased dividends by 10% and announced that it will buy back GBP 2.3 (USD In early 2018 the company traded at GBP 4.7 (USD Due to these high earnings, the company was able to pay back GBP 7.5 (USD billion in net debt, reducing total debt to GBP 17.5 (USD billion worth of shares.

article thumbnail

Targa Resources Corp. to Acquire Lucid Energy from Riverstone Holdings and Goldman Sachs Asset Management for $3.55bn; Provides Updated 2022 Standalone Financial Outlook

Benzinga

times estimated 2023 adjusted EBITDA multiple. Targa now estimates standalone 2022 adjusted EBITDA to be between $2.675 billion and $2.775 billion and year-end leverage ratio of about 2.7 Underpinned by long-term high-quality producer dedications. billion acquisition price represents approximately 7.5 times and improving thereafter.

EBITDA 40
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Good Intentions, Perverse Outcomes: The Impact of Impact Investing!

Musings on Markets

Even when you are successful in dissuading these companies from "bad" investments, but may not be able to stop them from returning the cash to shareholders as dividends and buybacks, rather than making "good" investments. in the 1998-2010 time period to 5.95 in the 2011-2023 time period.

article thumbnail

Issues faced when valuing a declining company

Andrew Stolz

This is a Valuation Master Class student essay by Lim Lee Bin from June 16, 2018. 4) Big payouts – dividends and stock buyback. (5) Estimate Terminal Value – Terminal Value is then estimated either by using a terminal exit multiple (usually an EBITDA multiple) or with a Terminal Growth Rate ( Gordon Growth Method).

article thumbnail

META Lesson 3: Tell me a story!

Musings on Markets

Venture capitalist, raised on a diet of big stories and total addressable markets has little in common with bankers, trained to think in terms of EV to EBITDA multiples and accounting ROIC, and when put in a room together, it should come as no surprise that they find each other's language indecipherable.

article thumbnail

Leonardo DRS and RADA Agree to All-Stock Merger, Combining Top Defense Technology Companies into Leader in Advanced Sensing and Force Protection

Benzinga

Combined Company targeting a low teen Adjusted EBITDA CAGR through 2023 from a 2021 base of $305 million 1. billion of Revenue and $305 million of Adjusted EBITDA in 2021 4. Combined Company Adjusted EBITDA. ($ in millions). Pro forma for the merger, Leonardo SpA and RADA shareholders will own approximately 80.5% 2,764. . .