NYSEAM:PLX - Post by User
Post by
ohbehaveon Jul 27, 2018 1:12pm
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Post# 28378032
PLX - Smart acquisitions beaten down by an ugly market?
PLX - Smart acquisitions beaten down by an ugly market?
Based on recent news this company has 1000boepd, no debt issues and has recently completed multiple accretive acquisitions. This would appear to be a company that's doing the right things and been beaten down by ugly market factors beyond thier control? Not many junior E&P pubcos left out there and recent market activity in the larger names (Pine Cliff, Birchcliff, Painted Pony, Bonavista, Peyto) suggests things are turning. Is there anyone on this board (besides the bashers) with legitimate insight into PLX?