ValuationThe valuation on this name is stupid cheap, from many perspectives, debt to cash flow, cash flow per share etc etc.
Is the market really questioning RMP solvency?
From what I can see RMP should be able to maintain production of 12,000 barrels per day spending cash flow in 2015. Based on sub $50 oil.
It sure seems like RMP has been hit with a a tripple wammy, low prices, increased gas mix/questions about Ante Creek, and pipeline outages and constraints. Will something go RMP's way in the next year? Cheers Matthew
P.S I never thought I would say this but the stock is in danger of penny stock status with another leg down in oil. If management has faith why will they not buy in the open market??????