RE:RE:Holy smokes!Kelt current production levels are 2x the 2019 exit target of PIPE. They have shown consistency and reliability. It stands to reason that they would rebound faster in the minds of the market than PIPE.... for the time being.
Kelt is a good example for where PIPE should be when they hit 33K boed because they will have demonstrated continued meeting (or exceeding targets) if they reach that by 2021. PIPE is just lagging because it is growing into the production. We all expect this to change.
BTW Kelt is trading at 64x earnings...
Tuco110 wrote: Don2018 wrote: Condensate now over $80C/bbl !!!!!!!!!!!!!!
Just as we are ramping up production ???????
And people are selling ???????
Nuts, simply nuts.
We have Kelt on one side and Nuvista on the other and they are both going up while PIPE sits and spins it's wheels. We need analyst coverage to get the word out.