SeekingAlpha.com had a short note about NOG earlier today.
What caught my eye was the chart of NOG's competitors. Specifically, KOG vs OAS. I don't know how accurate/current the chart at the linked article was, but compare market cap, p/e, revenue, gross margins, and operating margins of the two companies.
Snapshots of the two companies can be found here. One of the two has its own in-house fracking spread. One company has 155,000 net acres in the Bakken; the other has 320,000 net acres in the Bakken. Again, compare their market cap.
And, yes, I do have a dog in this fight, accumulating shares in both companies at various times over the past two years. I won't be trading in either of these companies in the next 72 hours.
Disclaimer: this is not an investment site. This is for information and education only. Do not make investment decision based on anything you read at this blog.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.