RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:MEG Should GET A USD 500M BRIDGE Facility & TAKEOUT ATH ??? ALL oil and gas stocks are still cheap YoY... they look even cheaper if your frame of reference goes further back than 1 year.
Its all relative. Fact of the matter is, larger, better capitalized companies are being rewarded by the market and probably will continue to be rewarded going forward.
fellowship wrote: Chris007 wrote: that's a ridiculous assertion, IF oil really heading higher still and more importantly can actually stay there for a period of several years, debt is also very much not problem for BTE and MEG.
there really is no benefit in remaining a fairly small 30k bbl/d producer. Especially if Institutional money wants to see size and scale
fellowship wrote:
lovehockey wrote: Then what am I collecting ATH stock for many many years? At one point you realize that size or lack of it is what will hurt ATH investors long term, MEG is actually a better choice.
It is your opinion I am not debating that, just think why you bought this and not MEG first.
MEG and BTE are good choice but their debt is crippling them. We are so close here to turn the page and you do not see this.
Hey Chris there is nothing ridiculous about that assertion.
I am not getting into details because the point is not that. The point is ATH is cheap and the others are not.