Cost Reduction And Balance Sheet ImprovementAn ongoing optimization and cost reduction program, together with a clear path to meaningful debt reduction, supports stronger cash flow durability and could justify a higher valuation multiple.
M&A Synergies And ValuationThe merger creates meaningful scale with expected operational and capital synergies, while the pro forma company trades at a notable discount to peers that could drive a re-rating if synergies are realized.
Noncore Asset MonetizationAmple asset inventory enables material noncore asset sales that can generate proceeds to fund a top-tier shareholder return program and accelerate balance sheet improvement.