RE:RE:RE:RE:This is a perpetual loserHighalpha.. I'm not sure if you have had a chance to read the latest seeking alpha report on CPG in the last day or so, but it's worth the read, and comments on how Q2 may come in a bit short on profitability due to the costs of integrating the Shell assets.. but the author feels confident (and so do I) that the buy was strategic, well timed, and at a good price to compliment CPG's future production strategy..
They needed another play to support production with the ability to grow, if and when the oil price and demand allow it.. this asset fits perfectly.. ;-)
Now for those complaing about the market not liking the Kaybob purchase, as the shares have sold off, I suggest you look at WCP.. you'll see the same trend as they have bought 3 assets within the last year without getting instant gratification from the market either..
Those who expect an immediate return before the assets are even understood, shouldn't invest in oil stocks.. period.. as they have no idea the time it takes to integrate such assets..
Good luck with your investments..!