As to the second conclusion, while we note that you have stated the possibility of further impairment of value in your recent public filings, we are outraged by the suggestion of this possibility.» (nreionline.com)
Based on 20 years of global data and nearly 90 years of US data, the energy sector has never been cheaper on price - to - book multiples than it was at the end of 2015.1 The skeptics» response to these compelling headline valuations tends to be suspicion of book values, which indeed are likely overstated in some instances and vulnerable to further impairment. (us.beyondbullsandbears.com)