OTCPK:VREYD - Post by User
Post by
OstrichINVon Dec 11, 2020 2:57pm
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Post# 32090097
Whitecap TORC Merger
Whitecap TORC MergerI put together a few thoughts on the merger in the video link below. Agree with some of the other comments - TORC will be part of a stronger pro forma entity. For Whitecap, one of the big benefits is improving leverage ratios (NAL + TORC) takes their debt/EBITDA multiple below 2x.
https://www.youtube.com/watch?v=9N7bv_YiUsA&t=336s