TSX:HSE.PR.B - Post by User
Comment by
oilandgasmickon Oct 25, 2020 12:31pm
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Post# 31778341
RE:Cenovus
RE:CenovusEconomy of scale is definitely important in this environment. Hard to see the new combined entity going out of business anytime soon.
I don't plan to cash out the HSE shares on Monday but rather to wait and take the CVE shares instead. Long term survival could see them double in a few years.
Question for the board though: What is the combined net debt figures for the 2 companies after the new entity is established?
One positive for sure, much stronger and effective leadership in CVE than HSE. Alex has proven to be a very good pick for CVE and the markets like him.