Post by
bandit69 on Jun 28, 2022 9:57pm
Whitecap Imperial Deal
Well, there you have it. WCP bought about 32000 boe's of production for about $60k/flowing boe nat gas weighted with about 9000 liquids production and expensive wells to drill and sour production. BNE is trading at about $26240/ flowing boe light oil. Based on those metrics, at $60k/flowing boe that puts BNE at about $22.50 share price. Severe disconnect.
I don't know if our friend is still selling but I would agree with our chuchofnutsacc (lol) poster that I don't see it either. Volume has been too low to indicate that but we will never really know.
Comment by
Sclarda2 on Mar 23, 2024 11:50am
CJ $ 120 million AFFO 2023 BNE $12 million AFFP 2023 $12 million ha ha ha Keep waiting for your dividend Mr Buffet ha ha ha