Tag Oil facts Tag is one of the (if not the) cheapest producing juniors out there - not sure why someone was comparing CPG to TAO. You don’t compare large caps to juniors. Larger companies should have lower expenses due to economies of scale etc… Why don’t you compare their debt levels too? TAO has zero debt and CPG has $7b of debt!!!
SGY is also 10 times TAOs market cap (20 times the enterprise value)
Interesting enough, TAO has almost double the operating netback. Somebody mentioned corporate netback but Surge is the only company that really uses that measure, and it’s still undefined as they say in their press release.
Operating netbacks: 3 months ending March 31, 2015:
SGY - $33 (rounding up)
TAO - $59
Tag also has 2.7m net Acres while SGY has 473k net acres. Again, you can’t really compare the land packages but still, it’s a very impressive land position.