RE:RE:Simply run the numbersJohnnyRodz wrote:
Don2018 which are the "extremely cheap gas producers out there" who have LESS DEBT then Chinook that you believe are better investment opportunities! Are any of them debt free?
No, I don't know of any that are debt-free.
But look at the debt/cashflow ratio, and you will find the bargains.
Also, look for companies that produce higher liquids rates/mmcf, especially if they have most of their NGLs coming up as condensate, as C5+ is getting WTI pricing, about $8 higher than light oil in Alberta.
Also look at well test results, if they are available, as much can be learned from that.
Investing is never an easy job, and investing in Canadian oil/gas stocks requires that mush more work to avoid bad decisions.