RE:RE:Relative Values OBE vs YGRThe majority of the companies in the group of higher FCF%...the group being I3, Journay...even Inplay Oil too an extent...they all have older wells with recclaimation costs coiming....
This really discounts the per flowing per barrel metric for this group.
YGR is going to command a higher per flowing per barrel vaulation in the market place on takeover....reclaimation is a big deal.
Not only does YGR have relatively very wells producing as YGR is quite new....all bassically which are going to be easy and cheap when that time comes.
After some the high ptoential wells...I mean that is best reason to be owning YGR...but second best reason has to be YGR reclaimation advantage over everyone. It is huge.
ppp wrote: Depends on who you compare it to. I3 energy ITE about the same EV value as ygr but 20000 bbls and very low decline pays a div.