GREY:CEQXF - Post by User
Post by
EstevanOutsideron Nov 23, 2019 8:21pm
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Post# 30386158
new presentation posted nov. 21
new presentation posted nov. 21 This looks like a prime opportunity for a lucrative opportunity as long as AECO prices remain rangebound and crude oil goes up a few bucks.
Debt extension to 2023 at 5% is very manageable and puts CQE a full couple years ahead of what is probably going to be be a solid year for Alberta natural gas and oil prices.
I think they will get bought out very early or go back to $10+ stock when sentiment shifts.
Canada is due for a huge oil and gas run as shale implodes. Very few investors are focusing on the positives in the coming years (Line 3, Transmountain, various NGTL expansions, added Alberta eggress, added US capacity, shale decline, LNG Canada, more gas needed for oilsands projects assuming pipelines come online, etc)