RE:Share priceI would say, that they have over $26 dollars cash and investment per share, essentially zero debt and an undrawn billion dollar bank line.
But what about their other oil and gas assets.
Well they have the sweet liquids spot of the duverny, and this is ramping to roughly 16,000 boe/day.
Durvernay (16,000) boe/day 12 year (likely sell it off)
Widesden Green hudge play (50,000) boe/day 20 years
Sinclar magically appeared in the presentation likey in preparation for this divesiture, 107,000 acres a major play area with two evaluation wells being drilled as we speak.
Liard/Horn River - Huge gas wells and enough gas for many life times. LNG
Heavy Oil, Clear Water, etc....
Pou is likely worth way more than $40 dollars with all the land POU has and with 3 billion in cash sitting on the balance sheet.
IMHO