ATH is the only Oil play....ATH is the ONLY Oil play on the TSX to have the market cap match total assets, when the SP hits total asset value is a red flag, who wants to pay more than what the company value is, Oh wait, you would. Not even Suncor comes close to parity. If this looks right to you then rock on! My house is for sale at $11Mil but every other $11Mil house is selling 30% less buy mine it's at the corner of Athabasca and Broke.
Here's a comparison between CPG, BTE, ATH current market cap vs total assets and you will see how out of alignment ATH is, overvalued.
Market Cap Total Asset Share Price
CPG $5.4Bil $10.4Bil $9.74
BTE $3.3Bil $5 Bil $6.08
ATH $1.7Bil $1.8Bil $2.93
Suncor $60Bil $85Bil $44.68