My revenue figures were a little different too. 10,000 wells x $2.00 a gallon x 400 gallons per well on average x 12 months is $96 million. At 305 million shares outstanding that's $.314 earnings per share. I'd say we are easily in the 20-30s for P/E. Which should be around $5-$10 a share.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.