RE:Oil Prices - Crystal Ball? Toppgunn , there was a different tone to KEI during the oil meltdown , in the past the tree would have been shaken hard , there was not a point i was tempted to add. Friday price action i beleive is an indication of good well results coming , paticularily on the T zone well . See prior posts on the importance of this to reserves.
On another note those that follow my posts know that i am also accumulating VLE , my model shows it having a ngative enterprise value at the end of 2024 , which will make a mockery of EV/dcf..... ( more cash in the balance sheet then equity value) EV equals market cap - cash.