RE:RE:RE:1st quarter resultsCuda owns 27% and owes about $50 million. XOP owns 57% and owes about $50 million.
Here's the biggest difference... XOP has issued more than 300 times the amount of outstanding shares.
Now if a knight in shining armor dropped by and gave each of them $50 million... who would be in a better position ? The one with 50 million shares or the one with 15 billion shares ?