In today’s briefing:
- TLN: Powered for Free Cash Flow, PT to $185
TLN: Powered for Free Cash Flow, PT to $185
- TLN held an investor day where its management laid out the free cash flow the Company should generate over the next two years and how it was going to happen.
- TLN is projecting adjusted EBITDA that makes our estimate look very conservative. TLN is forecasting 2025 adjusted EBITDA of $926 million to $1.175 billion.
- The expected free cash flow over the next two years is powering TLN to raise their stock buyback program by $1.1 billion.