Someone mentioned analysts had targetof $6 on this one. This was based on $65 oil and current production. Rating should go up with time as production goes up and becomes now as opposed to the future discounted. In addition, rating should go up as oil goes up. It is leveraged tremendously by the price of oil as cost of production is in the 40-50 area if I remember correctly. Let's say is $50 cost. If they based their valuation on 70 oil as opposed to 65 oil, their estimate would become a multiple of the $6--the multiple would be approximately $(70-50)/(65-50)= 20/15=1.333. So their $6 estimate would become $8. At 75 oil, it becomes 25/15=1.67 * 6 =10. At 80 oil $12. With this kind of leverage and growing production (with upside exploration potential), this could go up quite a bit over the next few years. The big oil companies know this--the only question is what the buy-out price will be. I'm holding until buy-out as I see oil slowly creeping back up with nations looking to lock up future supplies. It wouldn't surprise me to see this get a buy-out offer of 40-50% higher than existing price with higher bids coming in later. I'm holding until that point.