operational report
Another good report today from Bankers and demonstrates care and control over their capital expenditures with oil prices where they are. Management demonstrates they "get it' with their hedge as well as the dropping of 2 rigs which can be activated quickly when this pricing fiasco ends with somebody blinking,imo. As BC says so often, bankers is a manufacturer of oil and as such, is wholly dependent on the pricing of Brent. Sell or wait it out are the two choices open for me .I ain't selling!!