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Re: farml1234 post# 19794

Wednesday, 03/07/2007 6:12:10 PM

Wednesday, March 07, 2007 6:12:10 PM

Post# of 44006
Farm...one very large error on your part which is not surprising because in general you don't seem to be very bright.

AMEP is primarily an exploration company and not a producing one. But then you probably know that don't you. Exploration companies do not achieve their value based on production alone.

Should we use the same metric for SLB as we do XOM? Should we use the same metric to value RIG as we do OXY?

CHK NEVER had a single digit PE as it was growing, never. Once it became a mature, producing company its growth rate stalled and the PE contracted. But then you probably know that already.

Perhaps you could give us all a nice long dissertation on why GSF has twice the PE that CHK does? You seem to have all the answers on how to value businesses in this sector. I'm all eyes and ears.

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