A very good article.I liked this extract:
'Exploration is one way to rebuild inventory. Buying a company is speedier. As they become more efficient, the enterprise value of larger E&P companies is higher as a multiple of earnings compared to smaller peers, giving them currency to pursue stock-based takeovers to acquire acreage'Bigger oil looks set to have its day in US shale
https://amp.ft.com/content/979d9f12-267a-11ea-9a4f-963f0ec7e134?__twitter_impression=true
Keep well cheers Paul
A very good article. :) I liked this extract:'Exploration is one...
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| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $100.0K | 10.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1119645 | 1.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 43813056 | 27 |
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