GREY:WFREF - Post by User
Post by
tvstockon Jan 30, 2015 3:21pm
237 Views
Post# 23383024
The big guys are also suffering
The big guys are also sufferinghttps://www.bnn.ca/Video/player.aspx?vid=542031
Go to 01:50 , at 50 dollar oil.......Encana's debt to cash flow becomes 5.4 x
Not to bash Encana, just want to share the view that under current prices , virtually all E&Ps have a problem. LRE is not particularly bad....and LRE's high debt is somhow casued by the recent acquistion.
watch SU, IMO next week and the situation will be more clear.
Thanks.