Nice and simple to get a feel for them, I just did the same with EQ bank and they come in at 10.43%, although much riskier and growing faster, the 7th largest bank after Nat Bank. I like to use a simple metric for Oil&G producers, just EV/production = $ per flowing value, its a start. FWIW a company VLE comes in at well under $10k CDN a flowing barrel, cheapest Ive ever seen.... (Offshore, mainly Vietnam) gets a premium to WTI for its production
Nice and simple to get a feel for them, I just did the same with EQ bank and they come in at 10.43%, although much riskier and growing faster, the 7th largest bank after Nat Bank. I like to use a simple metric for Oil&G producers, just EV/production = $ per flowing value, its a start. FWIW a company VLE comes in at well under $10k CDN a flowing barrel, cheapest Ive ever seen.... (Offshore, mainly Vietnam) gets a premium to WTI for its production
Nifty and solid!