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cadams155

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cadams155

Re: zzg123 post# 1282

Tuesday, 02/02/2016 11:37:54 PM

Tuesday, February 02, 2016 11:37:54 PM

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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.

Just my thoughts.
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