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.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (39308)9/16/2010 1:59:05 PM
From: Mattyice  Read Replies (1) | Respond to of 78758
 
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.



To: E_K_S who wrote (39308)9/16/2010 3:49:47 PM
From: Paul Senior  Read Replies (1) | Respond to of 78758
 
Hi EKS. I'm out of XCO, and don't follow it. Also sold BG, and don't follow that one either.