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Journey and Sandridge

Posted: Wed Aug 24, 2022 10:55 am
by RTaber1
Does anyone have any comment on these companies?

Journey is trading at 2x PE?
Sandridge is trading at 5x PE?

Thanks.

Re: Journey and Sandridge

Posted: Wed Aug 24, 2022 11:06 am
by CreativeEquity
We generally do not used PE to value natural resource producers like oil and gas. I have owned SD before but sold due to my strong dislike for management.