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QEC valuation: A New Year's Fantasy
posted on
Dec 29, 2009 07:53AM
For your New Year's enjoyment:
Based on the $5,000 per acre that XTO got from Exxon, QEC's 336,000 acres in the Utica fairway would be worth 1.8 billion, for a share price of $9. That does not assign any value to the other assets. Anyone care to add a value for the other holdings?
