RE:Just do a comparison with MEG EnergyBad comprison......for obvious reasons. Meg is basically JUST an Oil sands producer......whereas Strath is a light/heavy/ng combo AND NO oil Sands production as far ias i know. Also, you're numbers are little off...
MEG MC is ~$8,5B, if they have ~108K boepd then they are being valued at almost ~78K per flowing barrel. In addition, there's probably a generous "takeout" premium being attached to them. In comparison, if Strath is being valued at $11,5B with 185K output, then that's 62K per flowing. If we remove the TO premium of at least 15% to Meg, you get about 66K or more inline with Strath.
A better comparison would be Tourmaline or Arc...... a very divers production profile similar to with little to NO OIL sands exposure. JMHO.....