RE:RE:PNE & Natural Gas Fact vs Troll of Fear & Negativity EIA reports
Dry Production = 90.8 bcf/d
Total Supply = 95.4 bcf/d
which includes imports from Canada.
Perhaps your confused by the term Marketed Production.
It is the end of Withdrawal season so it makes sense that storage will start to fill up.
As for boated salaries... don't think so.They worked hard for their degrees and resultant wages with the responsibilities they carry. Good for them.
Sorry I don't work for the company… Just a knowledgable investor. Did my research on the natural gas market in the US and Canada and made my big bet in the summer of 2020 on TOU and PNE.
Agreed at dividends are a long way off. They will deal with the term debt first. But you really need to look at is cash flow… Specifically free cash flow. If they don't have free cash flow it's because they're investing to increase production as they would might forecast a better return. Let's just see what happens in the winter season and to the stock price between September 2021 and February.
Natural gas stocks are set to outperform… TOU & PNE will be just one of many. A rising tide floats all boats
If you did just a little bit of digging into the EIA data that's available… You can see what is going to happen before it shows up in production. But I suspect that detail work is a bit beyond some people's capabilities. Unfortunately some peoples contributions are limited to verbal Diarrhea.