RE:RE:RE:If you were Dale...I think Q3 report will be awful. Production 20,000 - 22,000 boe/d vs more than 26,000 boe/d in the prior 2 quarters. It seems like production is mainly hedged in Q3. I expect Q3 AFF of around $18M, which is much lower than Q1 and Q2.
It is all about guidance then. If there is indeed production well above 33,000 in 2022, people will forget about the Q3 report.
sportstermathew wrote: We feel like we are stuck in mud today when others are up 8, 10 or 12%.
The last earnings report was not the greatest, either investors saw through it as smoke and mirrors or others pounded us.
The next report has to be much much better, and should be considering new wells, production and prices. However, always a butttttt, there were shut downs, maintenance on pipelines and plants etc. so the numbers won't be perfect.
My thoughts are for the next 8 months things are going to fly other than hedging. That all depends upon no shortages or huge price increases in supplies to drill and produce.
If you have a company that is not going to do fantastic in this market you may as well jump ship now because it never will.