Post by
robert41 on Sep 27, 2021 10:53pm
Crew performance
Wow just spectacular given our production, hedges and exposure to aeco I'm surprised we have done this well. I'm guessing the market is really starting to understand crews land position any thoughts would be appreciated. Oldnagger has definitely mentioned this a lot in the past. Spectacular performance.
Comment by
Cheadle12 on Sep 27, 2021 11:08pm
The thing now to think about is 'buy out'.. Crew is still insanely cheap on the equity side (EV not so much - debt).. so maybe it could be an E&P loading up to 19.9%.. i.e. ARX, WCP, CNQ, RDS.A or others... this alone would mean a buy-out would be at a nice premium now.
Comment by
Cheadle12 on Sep 27, 2021 11:09pm
and yes, we're dreaming if don't think that various companies are eyeing up Crew now.. as the stock price rises, motivation gets higher.. particularlly with soaring LNG/NG prices and various operators who won't have the reserves/supply for LNG Canada etc.