RE:RE:Q1 Financials - My Best TakeawayJava7 wrote: Nice for sure, I don't think increases in production is on the minds of any oil and gas companies these days. Lack of investment in new supply is why we are here, those with long life assists will be rewarded with higher prices. As BIR ceo said to Andy on BNN, "no one is talking growth".They will be reducing debt and collecting cash. Prices will go much higher until the markets wake up and fine out capital flows have given them a new iPhone, Facebook, blockchains, wind turbines cryptos etc but no heat for the house.
just my crazy view.
java7
this company does not have new production to even bring on. They own no juicy land or formation plays their production is dwindling to say least. Only a matter of time they get bought for pennies on dollar for their old junk.