CPG SGYIf CPG goes after SGY it would be a share exchange at current prices. It would be good for both. SGY get a larger company with a lower debt level and enjoy a divy which and CPG lowers it decline rate with SGY's long stable production curve IMO. SGY will likely see it'e production decline otherwise and if oil stays low they will have to cut the divy again. They are expected to drill only a couple of wells first half. I don't see premiums being paid in this market when companies are suffering as they are.
splurge