GREY:BNPUF - Post by User
Post by
bagoon May 04, 2017 9:49pm
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Post# 26206619
Solid Quarter....
Solid Quarter....Beat across the board....see what the market thinks tomorrow, being mostly an NG play it's basically getting punished with all the oils. Not sure what it's going to take to get out of this slump except a higher oil price. BNP should have a good year compared to some other oil plays, NG holding up and they are well hedged yet it's trading like a risky play. The debt is an issue but manageable you would think. Hard to figure this one out, 70k production, FCF pays a small dividend yet it's in the sin bin more than most. Maybe we get some back tomorrow.....glta