Current Share Price Below 2020 EBITDA?
With shares trading below 55c today market cap is only $180 million, which is less than projected 2020 EBITDA, assuming PGR delivers close to $100m EBITDA as it did last year for Husky and Pioneer/Pipestone deliver close to projected results.
Either an enormous opportunity here, or there is some bad news in the Q4/year end financial report due Thursday. Will be interesting to see what the analysts think.