Q3 Oil and Gas Charts
Posted: Tuesday Dec 16 10:00:47AM 2008
The QIS Industrial Charts are next on the list! The NAV per Share and Price/NAV columns were left off as the majority of companies do not update these regularly throughout the year. We find that many O&G companies put these figures out in April/May to correspond with reserves reports and annual reports, then they are not updated again until the following year. There are still some companies that do put out updated NAV figures after Q2 and Q3, but we typically just update those once per year and use them in the Q4 / Q1 charts.