Dan, as you note in your last post, the higher the EBITDA for a stock the better. As with Earning per share, the "EBITDA Multiple" in the charts I strung together the lower the number the better for the multiple.
Currently, VPI is selling at about 4.5 times its trailing EBITDA. If VPI does $6 in 2000 of EBITDA a five times multiple would pop it up north of $30.
RGO at $10 would be double what they are currently trading for.
When VPI's first quarter report comes out the most interesting numbers will be on the Balance Sheet. If VPI's long-term debt is reduced by over $100 million they will receive an upgraded credit rating by S&P. That will be significant in that it opens the door to more institutional investors and reduces interest expense.
I really like XTO but the only thing holding me back is their high debt level. You can see this in the figures provided earlier by zebra887.
Remember that all the forecasts used for VPI are based on NYMEX prices of $25/oil and $2.30/gas. VPI also takes into account that 23% of oil production is hedged. NYMEX oil has dipped below our price but average for the year still good. Gas has been incredible and more than making up for oil.
API inventory reports due out late today or tomorrow morning.