Even Keyerais blowing the doors of ARX post Merger..
sad to see (but not too sad as I hold Keyera)..
But I don't get it, puzzling.. such a good merger, C5 monster and D/CF between 1-1.5x, excellent balance sheet. On an absolute debt level, they have 3x the production of companies that have nearly the same total debt amount. This debt will be chomped by the end of the year..
why can't the street see this? I think Mgmt. needs to provide a clearer picture on shareholder returns to attract the funds that they initially wanted to get.
~TGC.