RE:RE:RE:RE:RE:RE:Industry Comparison
With lots of Q1 results out and coming out, Fund Managers that are inclined to dip their toe in the O&G sector again, will be making these and other comparisons that you have been posting here and elsewhere.
IF, as I said, they are inclined to spend in the sector, we may see some new buying pressure that hasn't been present for a long while. I don't see any jumping in with both feet but IMO, they won't be shopping for blue chips and dividends - they'll be shopping with torque in mind.
This will be great for the whole sector if it occurs and Oil at or above current values will make this happen as earnings across the board will improve.
I like the numbers you post on OBE but am not crazy about the daily volume.
ATH has made fantastic gains this year, as have others. Eyes wide open.
All jmo
glta
Hendrick3 wrote:
You should do similar comparisons for all these companies. You might be surprised to find even more impressive deals than ATH. ATH is about $800 million enterprise value which admittedly has great upside but if you dig into some of these other companies hedges off and at $70 you might see even greater upside with less downside risk if oil goes sub $50 again. I recognize some people just like what they like and that is fine