RE:RE:RE:RE:CNE vs PTAI think both CNE and PTA are good values. Whole sector is undervalued IMO. To use Whitehall's numbers, let's say that PTA (now at about 9,000 bopd) gets to around where CNE is now (13,274). Let's say that takes a couple of years to happen. Bulls will no doubt say that could happen a lot faster and they could reach higher numbers in 2 -3 years.
CNE has about 3X the current enterprise value of PTA. It's not hard to see that PTA stock can do very well with even moderate success over the next coupel of years.