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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (44087)12/19/2008 2:18:30 PM
From: TobagoJack  Respond to of 219662
 
comments, ep, please, on below

just in in-tray

Player #1:
But I'm assuming that all of these numbers are in Canadian dollars. That implies that Enerplus, Peyto and True are all trading at or below $10 per Boe on a proven basis in US dollar terms...

CHEAP!

Player #2
absolutely, very cheap - they're discounting armageddon by now. even in the event of further dividend cuts these yields will look very competitive. and mind you, while the NG price is low compared to the recent past, it is actually at a reasonable level for the industry imo, with a good chance that higher prices will be seen over coming months.