RE:June updateQ2/22 out after market July 25.
The overreaction to current events by oil producer share prices indicate the financial market's concerns about the economic damage from inflation and resultant interest rate increases to the global economy. Either the financial markets delever softly to match the reality of the physical market or there are going to be a lot of butthurt hedgies looking for open windows. Either way, GXE is debt free and generating a lot of free cash.
Eventually, that realisation will dawn on the generalist investor looking at their devastated portfolio of alphabet soup. Cash trumps strategy and sectors dependent on debt will be out while debt-free cash generators will be in. The hard part will be getting cash returned to shareholders from entrenched management.