Quick Metric

Disclaimer: this is not an investment site. Do not make any investment decisions based on anything you read here or what you think you may have read here.  See expanded "disclaimer" here. The notes below are not accurate in any sense of the word "accuracy" and should not be used by anyone to make decisions or opinions about anything. It was simply a quick look for my use only. I assume the numbers are quite inaccurate.

Operator: Market cap: Net acres: Ratio

• American Eagle (AMZG):$198 million: 35,000: $5,657/acre
• Emerald (EOX): $508 million: 48,800: $10,409/acre
• Halcon (HK): $1.85 billion: 150,000: $12,333/acre
• Kodiak (KOG): $3.04 billion: 195,000: $15,590/acre
• Northern (NOG): $966 million: 180,000: $5,367/acre
• Oasis (OAS): $4.48 billion: 492,000: $9,106/acre
• Triangle Petroleum (TPLM): $829 million: 144,350: $5,743/acre

Comments:

• American Eagle: Divide County, Three Forks, northwest North Dakota
• HK: generally Williams, McKenzie
• KOG: Dunn, McKenzie; many of the sweet spots of the Bakken
• Northern: throughout the Bakken
• Oasis: Williams, Mountrail, McKenzie
• Triangle: in one of the newer sweet spots in the Bakken