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Seven Generations Energy Ltd. class A common shares T.VII

"Seven Generations Energy Ltd is an independent energy company focused on the acquisition, development, and optimization of high-quality, tight rock, natural gas resource plays. The company employs long-reach and horizontal drilling to produce resources of natural gas, condensate, and natural gas liquids. In addition to drilling operations, Seven Generations owns several gathering lines and processing facilities. The company depends on a skilled technical and business team to identify, capture,


TSX:VII - Post by User

Comment by Robertboblawon Dec 19, 2020 5:24pm
124 Views
Post# 32147787

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Wow

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:WowYes for sure. It is what is. If commodity prices (among other internal and external factors) didn't have any material impact on share prices, it's just an idea of what a company's shares *should be worth. However, interesting to note both TOU and VII are currently trading at essentially a 50% discount to their respective book values. So the share price of tourmaline being what it is (almost $20 in the last two months or so), Seven gems would need either considerably higher oil prices or vii has work to do building up its balance sheet to the tune of about another $4b in equity if it wants to fetch the same valuation as TOU? would you agree? I mean it's a bit unfair to measure VII against the likes of TOU as TOU has been around since the dawn of oil and gas in Alberta and VII is a relative newcomer. TOU has had decades to build share holder value and build equity. VII has not.
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