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berge

08/11/05 2:24 PM

#19132 RE: kipp440 #19123

314,347 according to Knobias

lasherm1

08/11/05 2:45 PM

#19136 RE: kipp440 #19123

Kipp, TVOC earned .20 in Q1, when oil was averaging about $50/barrel. Last quarter, oil probably averaged closer $54/barrel. This quarter, Q3, should be very interesting with oil averaging $60/barrel. I am hopeful recent drilling activity will enable TVOC to increase BOE/D, so that they can take advantage of increases in both oil price & volume. With only 1.4 million shares out, it will not take much to push EPS up significantly ($70,000 net income will add .05 to EPS).

I also see this as a low risk play in the oil market (what's the PE of ASPN, TGA, and BSIC?).