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Vintage Petroleum, Inc. (VPI) Message Board

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  • imadeadcat imadeadcat Feb 2, 2004 5:59 PM Flag

    E &P valuation metric

    I don't think that Raymond James universe of E&Ps is primarily Canadian at all. I will check. Yes $5ng and $27 gas are high historically but low for 2004,imo. Yes VPI does not get $5 but their assumptions and mine are not based on what they get but on what NYMEX is, and they run on a percentage of NYMEX. So if nymex is up a dollar they should be up a dollar( or very close to it) excluding hedges.

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