Post by
Justhalffull on Jan 26, 2022 10:46am
Underpriced
With oil approaching $90 and nat gas over $4.00, this thing is way underpriced. Q4 results will be out in a month or so, and they will be stellar. And Q1 2022 will be even better. $5.00 definately in the cards.
Comment by
filefish on Jan 26, 2022 11:15am
They need more production that is not encumbered by hedges. The new wells are bearly keeping up with natural production declines. We need to see future guidance on wells scheduled for this year and an updated presentation. Many other O&G stocks underpriced as well.
Comment by
maramos98 on Jan 26, 2022 11:41am
Get the price to 0.25 and do a small raise to drill more wells in Q1. They need to boost production in order to pay down debt. As much as i would hate the dilution, it may be the spark the stock needs.
Comment by
Chefboy69 on Jan 26, 2022 12:06pm
they did not dilute during oil downturn..now you think diluting as oil is almost hitting $100 management should dilute??? no i don't think so..
Comment by
Mil_Man54 on Jan 26, 2022 12:14pm
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