Just when Canadian energy investors saw the light at the end of the tunnel (Trudeau resigning), investors got a rude awakening after Alberta's Premier visited Trump at Mar-a-Lago and warned that tariffs were coming and it included oil.
Hey HFI I really like your work from SA it's good to see you monetizing your work. Someone on value degen's chat mentioned today you recommended SCR a couple months ago. If interested I just wrote a detailed write-up on it. Had a meeting with the CFO, It is pretty much one of my highest conviction ideas. One of the best E&P names in North America I have ever come across not to mention the catalysts coming up in 2025 (capital returns and index inclusion).
What is your view? It is trading at half of peers it seems like the right pick in the Canadian Sector.
Management also thinks US shales break-even is near $70 oil - I asked the CFO about this and he had interesting things to say. This was the most surprising part of their investor day presentation, that is not the consensus.
Most attractive options?
I've bought some MEG as they got whacked the most.
Hey HFI I really like your work from SA it's good to see you monetizing your work. Someone on value degen's chat mentioned today you recommended SCR a couple months ago. If interested I just wrote a detailed write-up on it. Had a meeting with the CFO, It is pretty much one of my highest conviction ideas. One of the best E&P names in North America I have ever come across not to mention the catalysts coming up in 2025 (capital returns and index inclusion).
What is your view? It is trading at half of peers it seems like the right pick in the Canadian Sector.
Management also thinks US shales break-even is near $70 oil - I asked the CFO about this and he had interesting things to say. This was the most surprising part of their investor day presentation, that is not the consensus.
Anyways good luck here!
Good post, thanks.
Been adding to VRN and CVE this week…