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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (46333)	9/23/2013 3:15:20 PM
From: Paul Senior	of 78742

Gulf of Mexico shallow-water deep-driller EXXI: Stock has moved up recently, possibly because of reporting increasing reserves. I'll step up and average-up for a few more shares. Company reports pv10% for Proved Developed Producing to be $3.1B and total Proved Reserves at $6.1B. Company EV is $3.7B. On these numbers, the company appears undervalued at current price. finance.yahoo.com

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