RE:No RespectBoth Paridigm and Cormark liked the q. They raise est. But, held target at 10 and 5.75 respectively.
Using trailing 12 months, we are under 2 ev/ebita, which is very low.
The share price has become very story driven at this point. It needs to detach from the short term story line,
and respect the operational skill, size and execution being demonstrated.
I have no other answer, too much money is chasing anything but energy.
When that shifts, we should get paid very well.
In the meantime, book will be up several dollars over the next few years and the risk is very low.