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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

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Message: Re: Pod 2. Is it the reason??

Mar 20, 2008 04:15PM

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Mar 21, 2008 11:45AM

Regarding share price,

JUST FOR YOUR INFORMATION RELEVENT COMPANY P/E MULTIPLES


PDP P/E 16.64
UTS P/E 16.43
TALISMAN P/E 16.22
SUNCOR P/E 15.87
IMPERIAL OIL P/E 15.01
CLL P/E 15.00
HUSKEY ENERGY P/E 10.55
PETRO CANADA P/E 7.73

As you can clearly see, CLL IS doing just fine...A multiple of 15 times earnings is currently around the industry average.CLL is no longer a speculative play and SP will be based on earnings like everyone else.

I'd love to see a higher SP, but after a little research I've found that although the SP may be disappointing, considering the earnings, it's priced about right.


Mar 21, 2008 01:15PM
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