RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Get out while you still have $ leftVladimirPutin wrote: Your closer now to my numbers. It's the razors edge I agree but not many have been able to sustain like they have. I don't minus the hedge gains because they are a factor and a continuing factor until 2018 in their 3 1/2 year hedging strategy. Either way it's a good consideration. Thanks for your input.
A hedge is really just a winding path to market price. You also need to consider liabilities. CPG has about 7.5 billion. I think when you factor that in management may at some point cut the dividend, even if they can make it work with cash flow.
Aside from the large debt, (that will obviously be a factor that will weigh on the stock price) CPG looks pretty good going forward. Is it worth double BNK per flowing barrel? Value is in the eye of the beholder, but time will tell.