May. 22 at 3:13 PM
$FET I’m of the very strong opinion
$55 is an incredibly defensible spot here. If you’ve been around long enough, I called
$25 and under a screaming buy for a very long time. I think
$50-
$55 is that spot.
EBITDA, FCF, EPS all about to accelerate in a very meaningful way.
$95-110 EBITDA is guidance, under the assumption activity falls for the year, NOT FUCKIN HAPPENING.
Gun to my head and I’m forced to make a call, I’m telling you I think we hit top end of range for 2026. I think that translates to a number near
$150 EBITDA in 2027.
It’s just math… Your’re making a run at
$150+
And based on the current order book, I think the default has to be exceeding all expectations, not missing them.
