RE:RE:The last time WTI was this highPabloLafortune wrote: Peyto just paid $636M for Repsol - 23K boepd, 6% C5 vs $850M for PIPE 34K boepd 28% conde. The market values NVA a similar operation to PIPE anywhere from 25-40% higher per boepd than PEY on an EV basis. That would put PIPE's value in the range of $1,175M to $1,300M. Market values PIPE today at $850M (EV) which is a little less IMO than what Strathcona's offer is. Draw your own conclusions.
Yup.. or at least 15% of the whole company. Idiots that run Pipe gave up pipe for 40% bellow anybody else would pay for it.