I think LiquidOctupusV2 posted about EN's table (copied below) on Friday. I want to underscore that should CPG be trading today at the same valuation (i.e., EV/CF) as it did at the start of this year on Janury 1, 2021, a $70 WTI price would transtate into a C$7+ share price. And, January 1, 2021, did not even account for the accretive acquistion of the Kaybob assets from Shell.
Relatively speaking, while ERF and TVE have also seen their trading multiple contract, CPG has seen by far the biggest drop. It also means, IMO, that it has the most ground to gain. These are some of the numbers that led me to sell out my positions in other energy companies to buy more CPG. GLTA.
