RE:wow what manipulation
Key here is financial strength of this company vs valuation.
These guys have so much room on their credit line vs others and debt/cash flow is very low that almost anyone would be bankrupt well before them.
Then net margin are pretty strong with 51% in Q2 excluding hedging or pretty impressive with 74% being nat gas.
You are getting this for $19,500 per flowing and pretty much equal to PDP NAV right now. This won't prevent it from getting cheaper but, that is a heck of a solid name available for a song.
They are also having a field day shorting PEY but, their debt ratios are not as good. PEY has the best net margins in the gas world with 61% in Q2 excluding hedging. That was really strong considering how bad Q2 was for nat gas and NGL and they only produce 14% liquids.