Post by
mrmomo on Feb 27, 2023 8:31am
Got first dibbs!
MrMomo was here!
With HammerHead finally going public, this will get VERY intesting for folks like Pipestone, Kelt Spartan and few others. After the company issues a few more detailed releases on current operations & guidance, we'll really see what they have under the hood. For now though, it seems that about they are producing about 35K/boepd with a 50/50 liquids to gas mix. Along with about $250M in debt/liabilities with a EV of about ~2.5B. Seems li ttle over valued here, if the numbers are accurate, when compared to its peers, say someone like Kelt. So either HH is overvlaued here or guys like Kelt are extremely undervauled. Somethings gotta give! So lets see where ALL this goes.
GLTA
Comment by
marlinbait on Feb 28, 2023 9:53am
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Comment by
navajojoe on Feb 28, 2023 11:29am
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