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Southwestern Energy Company Message Board

  • barc37000 barc37000 Mar 14, 2013 12:10 PM Flag

    here is the thing

    ng prices rise-this companies reserves rise-its that simple-thus the price spike

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    • Yep another worthless accounting rule causing wild swings in stock prices. O & G equiv. to M 2 M. You really can only get useful information from some kind of industry specific EBITA or cash flow calculation. Just think, all of these accounting rules were supposed to make F/S more transparent. Ha.
      These guys drill a 15 million dollar dry hole and then put it on the books as an intangible asset called industry knowledge or something. There is no way to know what is really going on. You just have to look at the cash flow.

 
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