Re: OIL!/sharky

Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

Reply New Message

Prev Message Back To Forum Threaded View Next Message

spiderman8

Rank: President [?]

Points: 2200 [?]

Votes: 18 Score: 3.3 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: OIL!/sharky

in response to

Re: OIL!/sharky

sharky

posted on Sep 23, 2008 01:38PM

Sharky

The SP will move because of risk/reward. The reward is the cash flow/earnings etc. The risk is the multiple attached to a stock. Multiples are low right now with the uncertain markets. The multiples go up for proven companies which Connacher is not. If they start meeting or missing all goals the multiples change. Getting POD 1 running on all cylinders as well as Algar running on all cylinders would most like affect that multiple positively.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply