Examples of peers and their share price.Thanks for providing the link and excerpt for the conference call Mrpanick. Here are few oil companies, their S/O, share price and boed.
CQE 210 MM $2.15 11 M boed
CKE 214 MM $2.33 9.7 M boed
DEE 155 MM $3.95 10 M boed
Now keep in mind if PTA consolidates 10 to 1 they will have around 86 MM shares. Compared to above companies with the S/O and 9 MM boed they should be around $6 to $7 per share. GL