RE:RE:RE:RE:RE:RE:Relative values OBE vs YGR
Your correct JOY needs (no choice) to pay down debt they almost died in 2020 and then they need to get some new production and mabey some cash for a low price scenario... YGR 2021 averaged 8,912boe fy. Capex 85M so per boe .... $26.12 not good. IPO 2022 9,100 midpoint and 58M capex. 58M dividend by 9,100 times 365 days ... $17.46/boe.