Fri, Aug 22, 2014, 5:17 AM EDT - U.S. Markets open in 4 hrs 13 mins


% | $
Quotes you view appear here for quick access.

Cubic Energy Inc. Message Board

  • disco2016 disco2016 Jan 24, 2011 4:17 PM Flag

    Valuation-part II

    Quite a nice report put out by QBC today, no? With 19 producing wells generating about $4mill of free cash flow a quarter i guess there is ZERO value being put on what is still in the ground.....

    This doesnt add up and i think QBC should have a much higher market cap....

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • disco,

      I agree but apparantly the market doesn't. With $16 million in cash flow and likely to rise much much higher as more and more wells come online, QBC should be trading at minimum of around $1.50/share to $2.00/share. Hopefully the market will see the big picture when the reserves report is released. This is really one of the cheapest pure Haynesville plays.

0.13990.0000(0.00%)Aug 20 11:10 AMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.