basl1 Posted March 4, 2009 Share Posted March 4, 2009 to the mavens in the group ??? Link to comment Share on other sites More sharing options...
roberts1001 Posted March 4, 2009 Share Posted March 4, 2009 It sure looks cheap, on either an asset basis or on an operations basis. On an asset basis PTR's ratio of enterprise value to proven reserves is $7/barrel of oil equivalent. On an operations basis PTR is selling for a PE of 7, based on either trailing 12 months earnings or estimated 2008 earnings. Link to comment Share on other sites More sharing options...
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