Post by
houbahop on Aug 12, 2024 8:16am
Tourmaline takeover of Crew
Production of 30 000 boe/d (71% natgas, 21% condensate, 8% of lng) for $1.3B (incl. $200m in debt).
Peyto's production of 125 000 boe/d with Enterprise Value of $4.B (incl. $1.3B in debt)
Comment by
stockmarket1 on Aug 12, 2024 10:18am
Are you thinking Peyto could be a takeover / merger target ?
Comment by
stockmarket1 on Aug 12, 2024 1:25pm
Very true Houb. I'm thinking that today's rally up is tourmaline related only. I doubt it's a pre earnings release report rally? What do you think?
Comment by
bttmfischer on Aug 12, 2024 4:42pm
Any idea who the suitor may be?
Comment by
GregC24 on Aug 12, 2024 10:57am
CREW up 74% at this time on the news.