RE:DudPOU is a multi dimension oil and gas company, and makes incremental results on many business fronts.
Equity
Over the years they have had equity in many companies, including Meg, and including NVA shares that they have made a lot of money on, not to mention a number of companies they have bought interests in and sold.
Land
They are selling lands and buying land all the time, like an extra 50 million with a 2% royality they just did. Not to mention all kind of land sales over the years, and the fact they have a ton of clear water land and a lineup of companies to buy this. Liard will be a big deal and they are doing an assessment on the play with their new partner woodside.
Business
Sultran, CPS, Fox Drilling, Cavalier, etc etc etc
Go back over the years and see the impact of the deals that POU has done, and this is why they have a low share count and some of the best assets in the patch.
POU can generate money in many ways other oil companies cant.
IMHO