Palos Management is a boutique investment firm based in Montreal. Our mission is to continuously earn our client's trust by growing, sustaining and protecting their wealth over many generations. We invest our clients' money as we do our own and in fact, our entire team is invested in our products. Our interests are aligned with yours

Weekly commentary

  • Issue 20 - The Spartan is Holding Back the Vermilion
    18 May 2018
    Weekly Commentary

    On April 16, 2018 Vermilion Energy Inc. (TSX:VET) announced that they were buying Spartan Energy Corp (TSX:SPE) for C$1.40 billion. The deal was done at very attractive metrics. This will add 23,000 bbl/d of production, 480,000 net acres of land, 113.5 mmboe of 2P reserves and over 1000 locations. VET paid 4.9x P/CF which...