TXN 0.00% 58.0¢ texon petroleum ltd

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

  1. 640 Posts.
    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.

 
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Currently unlisted public company.

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