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: Scotia Capital new CLL SP target

Scotia Capital new CLL SP target

posted on Jan 06, 2010 11:25AM

Scotia Capital upgraded the price targets for the Canadian energy sector based on the their commodity outlook for 2010.

Some of the new targets:

CLL ..........$1.6 (from $1.25) based on 0.6 X the risked adjusted NAVPS

Nexen........$29 (from 27) 0.9 X risked adjusted NAVPS

PDP............$1.25

Suncor ........$44 (from 38) 1 X risked adjusted NAVPS

UTS .......$2.75

Share
New Message
Please login to post a reply