RE:RE:These guys have too much dry gas..good point, just concerned that their FCF isn't all that good. On Eric Nutella's chart it shows right at the bottom in terms of FCF yields.. basically it's either not generating enough FCF or the stock is overvalued.
They need to make a better move.. magpie.. attract attention like a shiny object. Seems flat & boring.
Margin321 wrote:
They have the oil in the ground and can make strategic decision about the mix.
Don't forget it was less than a year ago that oil was selling for negative dollars. You had to pay someone to offload it.
I can't blame them for not aggressively upping the oil in their mix at that time point.