RE:RE:RE:RE:From BNN BloombergPablo, I know HP loves KEL, I see you post a bunch here as well. I have been looking around the space to get my feet wet after being out of O&G for a couple months now. Kinda glad I waited out the week.
Do you like KEL at these prices $5.30 or so? My concern is a falling knife but nobody can time a bottom.
PabloLafortune wrote: Even when activity based costing dictates not to drill complete and tie in, US producers still do because they have these in the money hedges in their back pocket to stabilize cashflow. Which means it takes a lot longer for oversupply to correct itself. Exacerbated by associated gas which is constantly growing.
So not hedging + sizeable dividend = formula for ___.