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Lower Operating Costs Relative to Competitors - Assume that your company has an operating cost of $100 million and a 25x equity valuation multiple, a

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Lower Operating Costs Relative to Competitors - Assume that your company has an operating cost of $100 million and a 25x equity valuation multiple, a 15% operating cost savings creates $ million in equity value, or an almost \% equity value enhancement for a $10 billion asset operator

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