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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (7141)2/22/2000 8:32:00 AM
From: Craig C  Read Replies (2) | Respond to of 24921
 
Need help comparing what the relationship between a boed is to a internut/e-commerce stock ???
Well for 200,000 boed that would equal the value placed on the latest market darling who has future explosive growth ahead of itself going forward.....

If you add up Crestar/Renaissance (two oldies) market cap and debt as of 3rd quarter you come up with roughly a 5.1 billion price tag.The two of them combine for $250 million cash flow in the 3rd quarter alone.Production was just over 200,000 boed combined.

Yesterday 724 Solutions announced 4th quarter/yr end results.There market cap is around 5.6 billion dollars. Fourth quarter revenue a staggering $393,000 dollars - net income a loss of 6.3 million.

just thought I would share this with you all....