RE:Oil and NG still sliding and at these prices, ALL of these Muffybell1 wrote: types of stocks are WAYYYY TOO HIGH. Last time oil and gas were at these prices this one was around a buck. Sooooo, what shouild it trade at ? And no NOPT AT 100 DOLLAR OIL what that Eric nutcase says. He projects free cash flow and multpiples using a REDICULOUS 100 DOLLAR OIL PRICES. WHERE IS OIL NOW ???? NO, NOT AT 100, BUT AT 66 AND DROPPING.
TVE shares hovered around $1:00 for the eight month period Mar23 to Nov 30 2020
During the same period WTI ranged from $11.26 to $45.
Around mid May 2021: WTI $66 TVE $2.43
At the peak, around the beginning of June 2022: WTI $122 TVE $6
Let's not muffle the data in absurd misquotes.
To be sure a lot has changed since then, including volume of production and share count.
Cheers