Post by
downtozero on Jan 24, 2022 2:32pm
SGY vs OBE
OBE just announced their 2022 guidance today. More CAPEX needed than SGY. Less FCF than SGY. More debt than SGY. Since SGY has outperformed OBE on all counts, why has OBE's stock price done 5 times better than SGY?
Comment by
ariesleaf on Jan 24, 2022 2:40pm
Maybe Investor's and Shareholder's see a bigger and brighter future in OBE.
Comment by
ppp on Jan 24, 2022 3:24pm
Obe much better at the hedge game. Their Capex also includes production growth to 30,000 bbls.
Comment by
downtozero on Jan 24, 2022 3:40pm
I thought it was because I own a lot of SGY and only a little of OBE.
Comment by
gossamer5 on Jan 24, 2022 9:38pm
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Comment by
WanTBe1 on Jan 25, 2022 1:05pm
Today's stock price gives you the answer. SGY $6.26 OBE $8.02
Comment by
fortunefavorsus on Jan 25, 2022 2:21pm
I thought about buying OBE today for the pop then selling and buying SGY. Instead I got SGY at $4.92 U.S. Starting to move up now as traders sell their winners and buy secondary stocks. Still think one day SGY will pop big on some positive news.