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: Quick Review

I don't expect these guys to change there target price much simply because of CLL history:

History states that they can't get production up and keep it up and history also shows they have been unable to capitilize on the high oil prices (whether this is a result of unscheduled downtime or a pipeline leak it doesn't matter, they haven't been fortunate to benefit). History also shows they have been unable to properly finance anything, and history also shows they dilute too easily.

One thing I noticed is that they are more cautious on the outlook which may actually bode well if they surpass these outlooks. MRC will be looked at to exceed Margins of $8 bbl.

Share
New Message
Please login to post a reply