CHK merger with SWNTwo of the larger North American nat gas players have announced their merger today
What does that mean to you ? Simple ,these two players combined will have less than twice the number of drilling locations as Crew. Furthermore only a very small percentage of their locations are profitable at less than 2 USD per mcf. contrast that with Crew
for which the majority of their location are profitable at under 2 USD .
Lastly look at the valuation of the combined entity , which will be over 15 Billion USD . Contrast that to Crew at well under 1 Billion Canadian dollars.
Next consider that Crew has 0.9 billion of tax loss carry-overs
Up to you to decide dear readers. If you cannot see the Clear value of Crew , then you probably should not be here !!
https://boereport.com/2024/01/11/chesapeake-energy-corporation-and-southwestern-energy-to-combine-to-accelerate-americas-energy-reach/