And so I was like, look, if we get the headline that says we’re the biggest Bakken producer, we’re going to get that multiple. That was a disaster. So my question is and the depressed valuation, that is high. Gas prices are so low right now, and you got the hedging and everything, which is great. But the Eagle Ford of all basins, the Eagle Ford is somewhere that is just such a beast and can really shine. I mean just the raw quantity of energy that can come out of these wells that only gets economically reflected when gas prices are better. You know that’s like a there’s a sleeping giant component there. And so but you don’t have control, right? Like these valuation things and all that might change or just come around when natural gas prices come back.
And so the question is, is it even, do you think, honestly, sort of in your heart of hearts as a CEO, and maybe this is a sensitive question. But is it is it even right or fair? And let’s say is it fair to long-term shareholders? To shareholders who are looking past just a couple of quarters, is it fair to them to be thinking about, like, “valuation gap” right now at this moment in time?
Sean Woolverton: Yes, I think that’s what a lot of investors are looking for, right, that opportunity to invest in equity, a company that has clear long-term strategy to add value. We talked through on today’s call some of the key metrics of getting there and attracting more investors to the stock. I think SilverBow is on that cusp. We’re on a totally trajectory. We have a ton of momentum behind us. I think you raise an excellent point though. Short-term investors, investors that focus on 30 day type numbers, 60 day type numbers and how things trade over short period of times. They’re probably not seeing the bigger picture. We like to point to, hey, what have we shown in value creation over the long-term. On Slide 5 of our presentation, we lay out what our one year return is relative to our peers, our three year return, our five year return.
And that’s what long-term investors recognize is, hey, if you’re doing — building the right company, putting the right assets in place, having the right people to execute on those assets, and a real strong financial position, investors will come and recognize that value. So that’s where we’re focused on. And maybe I’ll close and just say that, hey, any — SilverBow is the largest public pure-play operator in the Eagle Ford. And so attention on the Eagle Ford, we really want it. Some of what probably what we’re doing right now is drawing attention to it. That’s great. Any further combinations that we do will even make a bigger pure-play Eagle Ford, if we chose to go that route. So anyway, I appreciate all your questions, Donovan.
Operator: There are no further questions at this time. So I’d like to hand the call back over to Sean.
Sean Woolverton: Thank you, Gavin. I appreciate everyone’s interest in the company. Hopefully, you’ll take away from this call that the company had a really great quarter and we have a ton of momentum and we look forward to sharing more information with you. And like I said in my comments, we’re always available. Please reach out if you have any questions that you’d like for us to address. Appreciate it.
Operator: That does conclude our conference for today. Thank you for participating. You may now all disconnect.
