RE: For The Record as I was saying yesterday, we are not going back below $1. First pullback after Sharon took us to mid 80s then second pullback took us to high 90s, the current third pullback took us to around $1.12 (just see the chart for yourselves for those that love to look at charts). We are not going back below $1. Valuation puts EOG well below it's peers based on NI 51-101 prospective offshore resources and it's not even taking into account the 7.4 million onshore acres already farmed out (EOG pays 20% to earn 40%).
Again, since Sharon came out, resources numbers went up 7 times yet the stock at current price is not even a double