This is Sparta Good company, low debt, high cash flow, reasonable declines, reasonable share count, good recycle ratio. I sold some RRX to buy some of this. Spartan should merge or get bought out by someone. TOG would make sense, or RRX.
Even if they stick it out on there own, they have great potential here for increased cap X or like the company says buy back shares with excess cash flow.
This is where to be for sure, and it is a take out target, trading under book value with $70 dollar WTI in the window. cheers Matthew