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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: quehubo who wrote (24194)	6/29/2003 2:09:55 PM
From: aerosappy	Read Replies (1) \| Respond to of 206103

que, <<Unless I see a compelling E&P, I will hold my CRK and PXD>> Why PXD instead of PXP?? On a pure valuation basis, PXP looks like a better opportunity. PXD trades at 8 times consensus 2003 EPS of $3.00. PXP trades at 7 times 2003 projected EPS of $1.52. (CRK trades at 7.4 times 2003 consensus EPS). ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ According to the Form 8-K (June 19, 2003), the combined PXP + TTEN proved reserves are: Oil 246,369 MBbl Gas 336,180 MMcf "Standardized measure of discounted future net cash flows $1,232,947" [in $Thousands, with 40.3 million shares outstanding] plainsxp.com