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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (48210)7/20/1999 3:13:00 PM
From: ItsAllCyclical  Read Replies (1) of 95453
 
Slider, BEXP seems to look better than MEXP at their respective prices?

Curious about your opinion. Both have comparable debt loads (BEXP slightly higher). Both have comparable production about 20 MMcf.

But BEXP is almost 50% cheaper...

To MEXP's credit they'll probably report positive earnings much faster than BEXP.

From a trading standpoint MEXP looks like it may pullback to 2 1/2 before going higher while BEXP looks pretty much rock bottom.

I'm still holding most of my MEXP, but I sold some to buy BEXP. Curious which you'd buy with new money. I've looked at CRK, but I'm waiting until this q's earnings. They've hedged quite a bit below 2 - I don't expect much of a pop from CRK before earnings.
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