Judd Arnold from Lake Cornelia Research Management on Offshore and Tidewater $TDW
Yet Another Value Podcast
00:00
Oil Sector Rally 50 to 75% I'll Have All These Debates
I think this is a lot people forgot the asset of quality and you know what I call the snowball thing of that objects in motion tend to stay in motion offshore. And they're just so used to shale and these fracture companies that by the way these fracture companies trade, it's basically you're paying a fracture multiple for an offshore asset. That's another you know super simplified way to think about it. We are at 2010 levels of offshore capbacks from 2010 to 2014 offshore global capbacks double like we're nowhere. Let's see we have covered so much we've bounced around like crazy through a lot of stuff but I just want to ask before we finish up anything you think people anything you
Transcript
Play full episode
