$172.2Mis what SH is showing as the market cap now.
Surprised nobody is commenting on it.
Hitting lows not seen since early August despite having higher earnings, higher brent prices, higher production, higher cash balance, and the .35s aren't even an afterthought at these levels.
Does anyone need a reminder that this company earned 3 cents a share in Q3, ($18.2 million), and had funds flow from operations of $35.3 million? We know they bumped production even higher in Q4 by about 8%. Cash flowing over $140M annualized or so with a $170M market cap and very little debt? Wow. P/E approaching 3! Wow.
With cash in the $80M range, growing production, two new discoveries not even tied in yet, I wonder how long the company can stay at this level before being taken out.
Good on ya for shoving it this low though. Much appreciated.