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Strategies & Market Trends : Value Investing
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To: E_K_S who wrote (39308)9/16/2010 1:59:05 PM
From: Mattyice  Read Replies (1) of 78777
 
XCO is at an interesting valuation, my gut reaction is that they overpaid for this. Thanks for the post, going to look into it further.

And xco likes to point out that they have production start off at an initial "22 mmcf". I see the numbers, dont believe this last for a second, not to mention most producers are now putting a tighter choke on the initial production in these areas instead of blowing the top off them. This is similar to the CHK hype machine.
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