How to value an oil & gas company's stock price

dan_s · Post by **dan_s** » Fri Aug 07, 2020 3:17 pm

This article about ESTE will give you an idea about how I come up with my "Fair Value Estimates".

https://finance.yahoo.com/news/earthsto ... 26111.html

My valuation of ESTE is higher because I value upstream companies as a "going concern" and believe it has a lot more running room. Plus, I'm a bit more bullish on oil & gas prices now than I was a month ago.