GREY:ZARFF - Post by User
Comment by
pablo87on Mar 15, 2018 6:30pm
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Post# 27723993
RE:just released : excellent quarter results
RE:just released : excellent quarter resultsSoul, agree - Zar got higher price for their oil in Q4. But op. costs were higher too?
Valuation situation in Cdn O&G is pretty bad. Almost every company, many better than Zar, are trading well below what they're worth. Bottom line, quarterly results will not move the needle. What will is some asset sales or a change in strategy or maybe a merger?