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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 WAS1on Mar 08, 2021 7:02pm
136 Views
Post# 32748949

RE:RE:RE:RE:9.50$ tomorrow

RE:RE:RE:RE:9.50$ tomorrow Westcoast, you are correct on the still gassy POU as it is only up about 3% from Feb 10 to Friday Mar 5.  Overall oily stocks are up significantly versus the gassier stocks...7G and Arx slightly up over that same time frame per below.  I'll list Feb 10 and then Mar 5 closes respectively - WCP $5.19 vs. $6.76 (+30%);  CPG $4.02 vs. $5.50 (+37%);  Surge $0.495 vs. $0.69 (+39%);  TOU $22.20 vs. $22.68 (+2%);  VET $6.71 vs. $9.39 (+40%) and even "gassy" PEY $5.06 vs. $6.15 (+22%).  While "oily" VII at $8.02 vs. $8.69 (+8%) and "gassy" ARX $7.42 vs. $7.89 on Friday Mar5 (+6%).  The only question is who is holding whom back?  When the deal was first announced I was on the fence thinking it wasn't a bad deal for VII shareholders but with oil seemingly retrenching above $60, I think this went from an OK deal to a very poor one for VII shareholders and will be voting no.
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