http://seekingalpha.com/article/2326465-emerald-oil-has-a-bright-future
Emerald is undervalued when comparing its land position with its peers. The $/acre average among its peers (KOG, NOG, TPLM, OAS) is $8,775. Emerald's per acre is only $3,147. This points to significant upside. This shows Emerald's assets are extremely undervalued. To add, there is definitely new speculation on whether Emerald is now a takeover target with the newest merger between Kodiak (NYSE:KOG) and Whiting (NYSE:WLL).
Emerald is undervalued when comparing its land position with its peers. The $/acre average among its peers (KOG, NOG, TPLM, OAS) is $8,775. Emerald's per acre is only $3,147. This points to significant upside. This shows Emerald's assets are extremely undervalued. To add, there is definitely new speculation on whether Emerald is now a takeover target with the newest merger between Kodiak (NYSE:KOG) and Whiting (NYSE:WLL).
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