RE:reserves per share did not matter when oil was "over" Either way these guys screen as one of the cheapest out there with a huge improvement in the balance sheet coming on very fast.
the irony to me is that every time a long time oil expert or fund manager speaks they keep repeating the mantra that growth doesn't matter that much, pay down debt, don't dilute the shareholder base and bring in a great divvy. Ie the antithesis of CPG for most of their existence.
this is the only management team that actually historically did that over the last 15 years.
we should trade at a premium, not a discount.