RE:RE:RE:Valuation TOU vs. ARCThis has been a day one complaint of mine regarding ARX reporting.
If they reported their number the same way as TOU the stock would be 3 dollars higher.
TOU get low value per boe, they have the same operating cost as a company that produces 40% liquids ARX, and all those reserves are meaningless, and of little value.
Also they have encumbered all their properties with Topaz and way to gassy compared to ARX.
Q4 will not repeat itself and next quarter are will Kill TOU in the primary metric FCF.
Gas prices are less than half what they were last quarter and in my opinion TOU is hurting.
IMHO