At $4, gas equals $24 per barrel (equal energy to oil). Gas is easier to produce, but not enough to make up for the $95 for oil.
If NFX goes after gas it will make less money, not more. NFX mask $2 per share now or $260M per year. Can never make that with $4 gas.
...but who knows, maybe the stock would go up on lower earnings and more gas!!!
The market has no faith in NFX management, and the stock has been poison to any portfolio.
As the years go by and market valuation gets lower and lower, a takeover is the only way to get a market value for the company. Other companies can make discovery announcements and drive valuation up, but NFX has crossed below any market valuation other than bookvalue and single digit PE....
NFX has written down its value of domestic gas reserves to about $2.75 (per MMBTU), so when nat gas sells for just over $4, the real value of its reserves grow by about $1B, or about $8 per share.
NFX took about a $1B write down last year and the account rules do not allow a write up, if nat gas goes up, but it is real, just not showing on the books.
NFX is worth twice the current price based on current NFX assets. DVN could steal the company for $40 or about $6B...
I am sure the Board has been approached by DVN but did not cooperate.
Den56 go fired as a cheese topper at Pizza Inn and he has a chip on his shoulder. If you lived in your mother's basement and Pizza Inn canned you, you would too.
VRA is the short squeeze of the decade...right next to the squeeze of Porsche brought on by VW.
CIMT could be next year big 3D printer play. (Along with SSYS, DDD and XONE).
CIMT could be next years big 3D print play.
Could be next year's big 3D print stock.
As the group continues to perform, CIMT will benefit until its valuation closes to the group. Look for CIMT to trade over $10 soon, then the sky is the limit.
Those Motley Fool are genius. I wonder if the world population disappoints in 2032, if this will hurt GTAT stock price next week?
Quick gap up to $27, if $25 can be fully cleared...
Congratulations to PZZI longs. I think we have trend of experienced franchisers in major, growing market jumping on board with big money to grow 5Pie. It is still early!!