Any ideas why this stock is selling $6.49 a share P/E 4.62, EPS $1.40, 5.90%div, Market cap 6.5B, cash 2.9B, asset 35B/liabilities 15B. I can’t find anything wrong with this company other than the price is so cheap, other than it Petroleum company. they also refine, pipelines, world company. Any thoughts?
Trudeau does not like the energy companies. It’s one reason why Encana decided to move to the U.S. So, until Trudeau is out of office, they’re fighting an uphill battle…much like what happened here under Obama.