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Gold/Mining/Energy : Oil & Gas Exploration & Production Co.'s -- Ignore unavailable to you. Want to Upgrade?

To: DELT1970 who wrote (89)10/4/2003 3:40:43 PM
From: Ed Ajootian  Respond to of 112
Delt, Thanks, will try to look at that one. I've been considering looking at Canadian companies also but have not looked at many yet (other than ones that are operating in areas I'm otherwise familiar with).

I notice that many Canadian E&P companies trade at very low multiples of cash flow and EV/EBITDA. Not sure what would be a valid catalyst to get a higher stock price in Canada, although even at a low mulitiple I suppose if you are increasing your production as much as someone like True Energy believes they can, then your stock should go up.