RE:TD on PPL/TPZ DealHmmmmm, "we estimate Whitecap could fund an acquisition of ~$1B with debt, while keeping YE-2025 D/CF <1x".
Didn't WCP go in to the doghouse the last time it went on a spending spree? Would much prefer the strategy of paying down debt, buying back shares, increasing the share price. They already have more than enough drilling opportunities just from the purchase of NAL's assets a couple of years ago.