Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Spekulatius who wrote (25599)	12/23/2006 8:52:44 PM
From: Madharry	Read Replies (1) of 78667

Im trying to understand your thinking. Bear in mind that I know very little about the oil and gas industry however after looking at the transcript of the latest conference call, management indicated that the 9/30/06 number for gas of $4.10 was unusually low and that was the number that impacted all the reserve calculations. how did that number affect your analysis? I spent about 20 minutes going through the 10/26/06 transcript of the call and continue to be impressed with the company. They are 74% hedged through Q1 07 at over $10 so they will make good money that quarter either way, whether its costing them $2.50 or $3.50. While I was not pleased about the current equity offering I will live with it.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next