RE:Investor ApathyI don't disagree with that. Clearly institutions aren't ready to invest back into this sector until they see these companies significantly improve their balance sheets and see more stability in the oil price. Still too many concerns surrounding OPEC and Covid.
I still firmly believe in higher oil prices going forward. Oil production is currently in a deficit and OPEC is keeping a lid on their taps slowly increasing supply. I think the overall picture will continue to improve over the next 12 months and eventually will be reflected in the SP. Stock is still grossly undervalued.
Financials looked good except for the $200M in hedging losses. Throwing away $2mil a day is sad, very sad. Completely uncessary.