RE:Undervaluedmasfortuna wrote: Many are assuming that the sp will only increase with the price of oil. The reality is that steady oil at $80 should actually push the sp much higher. If oil drops to that $80 level, the sp may seem a temporary decline and then continue its move up. My question is, what if oil hits $125???
Absolutely, imagine the free cash flow being spent on debt reduction now later used for buy backs or divedends.