GREY:BXEFF - Post by User
Comment by
brendellyon Apr 04, 2012 4:12pm
564 Views
Post# 19759804
Lets Compare
Lets Compare
you can't compare bxe with day! day had twice the resources (land, nat gas ect especially oil) and no debt.
You absolutely can, they both have very comparable metrics..."no debt" thats quite funny, lets take a peek. BXE trades at a discount on every metice and from a balance sheet perspective its much healthier trading at 1.0X cashflow. With debt DAY went for close to $80,000/flowing BOE...with debt BXE is trading at $46,000/flowing boe.
| Q3 2011 |
|
|
|
|
|
| Symbol |
DAY.TO |
|
Production |
35450 |
boe/day |
| Production boepd |
35450 |
|
Reserves |
174 |
mmboe |
| Prod. Mix (G/O) |
62/38 |
|
Cashflow |
270 |
$MM annual |
| Market Cap $MM |
2390 |
|
Debt |
674 |
$MM |
| Price/flowing boe |
$67,419 |
|
Shares out |
239 |
MM |
| Price/boe |
$13.74 |
|
Price |
10 |
$ |
| Cashflow multiple |
8.85 |
|
|
|
|
| Debt to Cashflow |
2.50 |
|
|
|
|
| Netback $/boe |
$26.08 |
|
|
|
|
| Symbol |
BXE.TO |
|
Production |
16000 |
boe/day |
| Production boepd |
16000 |
|
Reserves |
67.5 |
mmboe |
| Prod. Mix (G/O) |
60/40 |
|
Cashflow |
120 |
$MM annual |
| Market Cap $MM |
615.25 |
|
Debt |
120 |
$MM |
| Price/flowing boe |
$38,453 |
|
Shares out |
115 |
MM |
| Price/boe |
$9.11 |
|
Price |
5.35 |
$ |
| Cashflow multiple |
5.13 |
|
|
|
|
| Debt to Cashflow |
1.00 |
|
|
|
|
| Netback $/boe |
$26.38 |
|
|
|
|