1QFFO/ share compared to share price- Industry comparisonFunds flow from operations is a good measure of economic performance and 1Q is a good indication of the future performance of oil abd gas companies as higher oil prices start to emerge. I have compared various companies FFO/ share relative to their share price and finally the number of quarters to achieve the share price ( low number best)
1Q FFO/ share. Share price. Xquarters
ATH. .04. .75. 18.8
BTE. .28. 1.75. 6.3
IPO. .09. .65. 7.2
OBE. .49. 2.03. 4.1
TVE. .16. 2.61. 16.3
WCP. .36. 5.54. 15.4
YGR. .20. 1.17. 5.85
All these numbers suggest tremendous under valuation as anything under 20 ( 5 years funds flow multiple is under valued. Some are much more than others.