DBRS provisional credit rating of BBB with a stable trendBBB is really good and guy which other energy has a BBB stable rating, none other than TOU.
This stock will be lit on fire, once the Q1 results come out.
In comparision with TOU basicly 3X time the Oil/Condensate production.
My guy is Q1 about 350 million in debt reduction, that brings their debt down about 14 percent in one quater.
I also think the VII generation assets with going to produce a lot better without the 45 million of corporate overhead that no one will miss.
Another upgrade today and every analyst will be pilling on upgrades over the next few weeks, now there are past this deal i think there may be some tuck in asset purchases they want to make, likely to come with a lot of cheap barrels, likely to fill up their idleing Gas plants and leverage their existing infastructure.
VII generations has make huge capital investment in infastructure and the value will not be recognized under the ARC banner.
BUY BUY BUY way way to cheap.
IMHO