Comment by MyHoneyPoton Mar 27, 2026 11:03am
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Post# 36947955
RE:Shareholders Rights Plan
RE:Shareholders Rights PlanI own POU because it is a much more investable option, and you would never see them sell 17 million shares to fund exploration.
POU has the sweet spot of the east duvernay and has been working on that play as long as I can remember to get the results (10+ years). There is a reef where there is higher pressure and they are all over it.
They have twice the East Duvernay production, plus Nother Duvernay Production, zero debt, over 700 million on the balance sheet, owned infastructure, other play developments, over 3 million acres of land, their own drilling company, 200 million in shares and assets on the balance sheet. only 140 million share outstanding and play a dividend.
It a safer investment with a lot more upside than SDE and a lot less risk and fully funded exploration and development plans.
SDE enterprise value = 2.8 billion
POU enterprise value = 4.3 (700 million Cash + 200 million stock/companies) = 3.4 billion
Really no comparsion is the assets and quality of the companies, SDE is highly speculative in my opinion.
IMHO
MHP