RE:RE:RE:Up 30% in 8 Days, Why?
The two most undervalued mid caps per all metric analysis are VET and CPG. Both are leading the sector over the past month.
Not that great of mystery.
Each needed a catalyst, and for VET is was Europe NG, for CPG it is the Duvernay and increasing production for '22 with no Capex increase (cause of the Duvernay).
As the reality of the energy bull market goes on, more fund money will be looking past the handful of names they know, and looking into the smaller names {like VET and CPG} they don't know.
Eventually it will trickle to the even more undervalued small cap names OBE, SGY and ATH.
Enjoy the ride, and thanks to the Americans for knowing way more about energy than the Bay Street Bitc.es