its not that i have picked a number out of the blue
go thru sea profile and see what happens if oil averages around 65$ and they contain debt and have a nice asset growth rate.
You laugh out loud but you offer no explanation other then well nothing - when oil hits 65 whether we price on louisiana sweet or not the metrics start looking alot healthier. At this point you can start to see where company could go.
its not oil hits 65 and then everyone jumps on board - you need to do the work and run the numbers then you can start to say you know what its looking undervalued now and just time b4 rises.
Is it a catylyst yes - but its a summary of what happens to company profile if that price can be maintained or averaged and the possibilities - which may or may not arise but definitely a higher probability?
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