RE:Valuations toally out-of-whack....Your methodology of value is not used by anyone in that sense... 70k per daily flowing barrel is a wack metric that no one uses, by that method if you look at Meg energy it is is the same 70k/barrel with similar netbacks. Then you compare it to Suncor which is much more than an oil pure play, their market cap to barrel is over $82k. I think you were the one talking about equity raise too? Don't post if you don't know a damn thing about the company, they have been talking about buy backs for over a year & have announced they're starting buy backs in April, in case you can't figure that out... A buy back is the opposite of an equity raise.