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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (56283)12/7/1999 11:49:00 AM
From: Think4Yourself  Read Replies (2) | Respond to of 95453
 
EVER is the priciest EnP I follow. Dividing share price by cubic feet per share of production yields 7+ cents per share, WAY above the industry norm.

They also got a paltry $1.64/Mcf last quarter. That is AWFUL.

Also didn't see any oil production in last quarter's numbers or SEC filings, only NG. Perhaps they forgot to include oil production in the figures?

Given the high price there is probably something I am missing. Maybe their distribution system is highly profitable. When I saw there was no oil production, I stopped researching this one. Good luck.



To: SliderOnTheBlack who wrote (56283)12/7/1999 12:36:00 PM
From: Brent Hogenson  Respond to of 95453
 
I am with you Slider, this is unreal! I just picked up 10 EOG January 15 calls for $1,125. I am thinking about buying 90 more. I just can't believe the dislocation of the underlying commodity prices and these stock prices. This is unreal! If this isn't the time, what scenario could possibly be better?



To: SliderOnTheBlack who wrote (56283)12/7/1999 1:11:00 PM
From: oilbabe  Respond to of 95453
 
OSX going to 70...I can just feel the magnet pulling. What fund manager wants to hold an OSX stock at the end of the year, when there are stocks hitting 20% a day? Granted they are a different sector, but any fund wanting to diversify at all ain't looking toward oil today. BWDIK....Hope I'm wrong, but I'm waiting on my buys here. Bought some KO this am after it bounced off its 50 and 100 dma. AFTER ALL, Galvin says we are going to 12,000, and it can't do it without a rebound in coke.