RE:RE:RE:RE:RE:RE:RE:RE:RE:Composie IndexVery well said bepatient1. Unfortunately, not much pushing back against the Nuttals of the world as I see it.
The stock is in the doghouse and I don't really understand why. Times like this are trying but you have to understand what you are invested in. Smart money will be picking away at those that don't and the weak in the near future-I'd be adding here if I wasn't already extremely overweight the stock and eneryg in general.
Your comment with respect to "Market Darlings" is dead on. TOU is very gassy as well (LOL!) and clearly a market darling; you can pay 7,5 times estimated 2015 cash flow for TOU or you can buy RMP probably around 2.8 2015 CF right now as I see it. If you believe oil and gas prices to be stabilizing and or heading higher it is a no brainer to me.
2nd quarter numbers will be very good for RMP, outstanding if they are not choking back production, which may be a possibility. Good economics at Waskahigan (with respect to production and reserves) now due to EOR, huge potential for the same at Ante Creek (which is economically one of the best oil/gas properties in North America), possibly being realized in 2016, as well as drilling and further potential coming up on the new acquisition. One of the best balance sheets in Western Canada with a management team that has developed and sold 3 companies previously and made shareholders a bundle.
The market can remain irrational longer than many can remain solvent. At times like this you have to filter out the noise and keep your eyes on the prize.