Post by
shenty46 on Feb 24, 2022 8:38pm
The companies
The companies who went to USA, like ovintiv has appreciated from a low of 3 dollars to above 50 dollars now, next in line is Enerplus which is going totally US, by selling its canadian assets, and next is Crescent point energy, which is also doing the same. Why Canadian companies are moving to US, we all know the answer.
Comment by
SlickRick40 on Feb 24, 2022 8:58pm
I believe ovv left for USA because they have significant ng assets there and Canadian govt bullied them to the pint of frustration. They won't say it but business environment was so bad in Canada they moved shop. Shares consolidated that's why so is higher. Had been a tough for for them on both sides of border.