I think all you need to do is look at the other mid-tier oil & gas companies operating in the cooper basin SXY and DLS they seem to all trade in the same direction....
There was an article last week from Motley fool saying STO and SXY were trading on a PE of about 32X while beach is trading on only 12X..So beach has room for a re-rating compared to it's peers..been waiting a while for this..
am i missing something..., page-6
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