Post by
Oldnagger on Jul 21, 2021 3:50am
40% nat gas
Investors should remember that just under 40% of their production is Saskatchewan nat gas with a very shallow decline rate. This is quickly becoming a cash cow with absolutely no restrictions on egress !! That alone warrants a much higher multiple than Ipco trades at !!
Comment by
Oldnagger on Jul 21, 2021 7:58pm
A big rise today 6.52%. Hopefully we are getting some attention !! Tons of reserves, International diversification yielding multiple capex opportunities, reasonable debt levels , low decline rates and a tremendous free cash flow yield. Whats not to love!! Well obscurity, but that can be fixed !!