SI
SI
discoversearch

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

To: CIMA who wrote (7464)8/16/2000 10:43:56 AM
From: HAZ  Read Replies (2) | Respond to of 24905
 
Tethys Announces Q2 results.

See press release

fin-info.com

Can someone tell me why a stock with a proven track record over the last 4 years is trading at a projected 2.2 Price/Cashflow multiple for 2000.

It is currently trading with a PE ratio of 7.7.

These projections are based on US 25 WTI and 4.00 mcf for Alberta gas, which in my opinion are conservative.

Additionally, TET has been balancing their Oil/Gas mix increasing their gas production faster then their oil production.

Projected cashflow of 23.1 million versus 26.6 million long term debt is very conservative.

So why has the stock price languished in the 1.60 range, when it should be up in the $ 3.00 range??

Can anyone please explain this discrepancy??

Thanks



To: CIMA who wrote (7464)8/16/2000 11:47:06 PM
From: John Trudeau  Respond to of 24905
 
CIMA / Richard, interesting articles. I'd tend to disagree to some extent with their comment "...The only dependable method of attaining relief from high oil prices
would be to increase production. "

For some, such as ourselves, buying stock in O & G Companies should provide some relief;)

JT


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News