GREY:CEXJF - Post Discussion
Post by
micromega on Oct 17, 2012 4:22am
EV: C$2,4 BILLION
Although CLT is very gassy (80% nat gas), it has risen a lot lately. However the Enterprise value is 2,4 Billion currently (convertible included) and it trades 24 times its funds from operations annualized ! This is one the highest ratios of the industry.
Long term Debt/FFO is also high and it is equal to 3 !
Arsenal Energy operates close to one of their land as mentioned in the latest SeekingAlpha article below, but AEYIF focuses on the oil instead ....
https://seekingalpha.com/article/926491-david-and-goliath-of-the-u-s-based-bakken-formation
I do not know whether CLT acquire AEYIF but I think it is very difficult for AEYIF to rise further from here.
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