So SEA is overvalued because it produces 2000bopd. LNC produces 6,000bopd at 2x SEA's market cap? Then LNC is overvalued because it has 3x MAD's market cap but only slightly more 1P? And round and round it goes. Cherry picking peers and only judging by the metric to suit ones viewpoint.
Why are they not drilling? Perhaps with 40 years of experience they are scared?
US markets now open. My orders filled. Have a good evening all!
confirmation, page-37
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)