RE:RE:A different point of viewFFO is a good metric to look at companies at a glance. I like Free funds flow better, as it gives you a better view of their effiiciency, You can have lots of FFO, but if it takes to much to keep production flat your not gaining. That is what concerned me here for a long time.
Yes I agree Debt is not a concern at these oil and gas prices, It depends on your time frame as an investor. It would be nice if oil companies could tone down the volatility All one has to do is look at a ten year chart of most companies to see its ugly. This means keeping a strong balance sheet and debt to CF of one will do that in the good times we all know how fast it changes in the bad times for the worse. Agree on the discount to Nav WOW!!!