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Re: wadegarret post# 22795

Monday, 09/19/2005 7:35:31 PM

Monday, September 19, 2005 7:35:31 PM

Post# of 174031
wade re gpor. Just did q3 and q4. I come up with .17eps for q3 and .30eps for q4. Used $60/b for oil. Didn't adjust for ngas but did adjust for hedge in q3 at 39.70 and 63.80 in q4. Used 32 million for diluted shares.

Gpor.ob looks pretty cheap if they can hit their 2006 guidance. .30 X 4 = 1.20 vs 9.50 or 8. 2006 guidance is significantly higher than q4 so drop fwd p/e to 6?

Bobwins

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