Post by
nozzpack on Dec 19, 2022 8:28pm
Another Excellent Proxy
My former investments , HWX with a current market cap of $1.35 billion.
Produces 11800 barrels per day, 90% heavy oil.
Outstanding balance sheet, great management and will begin paying a dividend in Q1 of 2023.
Yet, it cannot match all Valeura' s metrics yet trades at a market cap 10 times higher.
Plus, we know a dividend is part of SG plan..
Comment by
nozzpack on Dec 19, 2022 10:32pm
Thank you Cardinal is an excellent proxy for Valeura, perhaps the best.....but all consistent in showing massive undervaluation at current prices..