texas tea, page-5

Agent ... I'd laugh at that but it hurts....

Started pondering how TXN was faring compared to the rest of the market
Recent high = $0.70 on 24 /2/12 down to $0.45 = down 36%

Some comparisons to other oilers in no particular order:

Big boys:
WPL $38.16 $31.04 19%
ORG $14.19 $12.60 11%
STO $14.63 $11.17 24%

US assets
AUT $4.26 $3.00 30%
MAD $1.49 $1.13 24%
AZZ $0.50 $0.385 23%
BCC $0.073 $0.045 38%
BUR $0.034 $0.026 24%
TEX $0.115 $0.046 60%
RFE $1.18 $0.67 43%
AOK $0.165 $0.10 39%
ODY $0.037 $0.021 43%
AOC $0.07 $0.05 40%

Not the best but not the worst.

Call me an optimist but given that TXN has cash in the bank, oil in the ground and an impending deal - I'm still a believer.