Post by
soundandfury on Jan 30, 2022 9:24pm
Cpg is still a takeout target
With a >$10 billion tax pool and now looking at $1.3 billion in free cash in 2022 ........cpg is still trading at a huge discount for a company like cnq or cenovus to buy cpg is still not only possible but maybe even likely.......imo
Comment by
ChickenLittle13 on Jan 30, 2022 9:58pm
I know there is difference in the kind of tax pools. Some can't be used by the company taking over. I feel we don't have those kind of tax pools like MEG or ATH has as CPG doesn't get brought up in tax benefit takeover valuation conversations - I may be wrong though