RE:RE:Feb production shows...
P/E isn't really effective with oil and gas cos. Cash flow multiples.count in O and G.
9% dividend works for me while I wait.
You may find it easier to double your $$ in a $1.35 stck that one for say $15.00.
The major owners of PRQ also started Peyto O and G which is a sucessful Alberta gas co. .At least one of the major shareholders is an engineer.
Be preapred to be patient to the point where Gas prices recover.
La Nina next winter but we shall see.
I like to keep exposure to Gas and hold one lareger co. plus thisone.
Natural Gas is the most volitile of all commodities so it goes both ways.