RE:RE:RE:The last time WTI was this highbaranja wrote: PabloLafortune 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.
Also, how can you put any dollar values on PIPE now. Not possible unil new company goes public trading, right now, it is only as 9% of what ever market decides.