TVE to Surge 1. Debt is high relative to production and some piers but the potetntial exists for rapid declineo of debt based on current WTI / WCS prices and some appreciation on NAT Gas into the fall.
3. Share price is low and market cap is a joke for a producer of this size.
3. Like Gordon Gecko said Anayst's dont know preferred stock from livestock. I think BMO is wrong. TVE should be a $4.50 stock right now based on prospects for debt repayment in 2H. Any progress will be beneficial to the stock.
I bought in yesterday and I am holding...