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

Free
Message: Very quiet trading day + Bitumen price
Reply New Message
Prev Message Back To Forum Threaded View Next Message

I'm not surprise that SP going down...Everyone Expect a very bad Q3.

2 things can happen:

1. SP drop to 1.10 because of bad result and lack of clarity on production forecast

2. SP up to 1.25 : Higher production, higher forecast and a debt management plan

Management is very strong technically. However, they need someone to take care of the financial part of the business…

OPTI CANADA (credit rate B3) got better interest rate than Connacher

Long-Term Debt

US$1,000 million 8.25%

US$750 million 7.875%

US$525 million 9%

US$300 million 9.75%

Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply