RE:RE:RE:CPG acquisition pause?I agree Lash.. CPG/Veren has reformed the company into a organic growth model now with the impressive Duvernay/Montenay contiguous acreage they now own.. as well as infrastucture too boot to aid in expansion with the drill bit..
I'm looking at a clear ability to pay down that debt in a few years.. heck with this last disposition and the one before, along with FCF they're knocking off $900 M. in one year! That's excellent in my books..
Now if, as many are forcasting stable ~$80 WTI for a couple of years its a clear path to a clean balance sheet, not to mention the tax shelters they still have in place for years..
Call me crazy. but I'm a believer.. always have been since the negative crude trade in 2020.. its my biggest holding..!
Steady as she goes IMO..