If oil stays above $90 then WPL will make a Motza of cash flow Over this half of 2022. They made $1,650 profit on an average of $60 for oil. For a production of 52 Mmbeo for half year. That is an extra $1560 of revenue. Or $400 in free cash flow. At an average of $100 it becomes $500M for half year. 50c per share extra for 6 months.
I think $40 is definitely a target for SP in the cards and sooner than later.
WPL@$40, page-147
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