Re: Why SDE fell so much?
"Post your numbers Joe cause they are very similar. SDE is the best value, And is not close"
SDE of their total production 14.3% is oil and condensate, 2/3 oil, 1/3 condensate
PIPE of their production, 30%, just about all higher priced condensate.
So PIPE produces TWICE as much of the highest priced products.
SDE has 17.6% NGLs, which bring less than half of what oil/condensate does.
PIPE is 13.8% NGLs
SDE is 68% nat gas
PIPE is 56% nat gas
But don't let the facts get in the way