RE:RE:RE:RE:RE:RE:RE:RE:What disappointment!Yes large float. Over 270 million shares. No matter who owns them. However with their buyback planned and the planned SIB there is potentiol to be under 250 million shares a year from now especially with this share price.
Not sure how big of an issue the h2s is going forward once they can blend.
Even having water disposal rights. Water can be very expensive to dispose. Upwards 30bucks a cube with trucking
Hedges if done right can be a good thing it just seems like a lot of hedging ( they're not that small anymore)
I have been partial to this stock since the blackbird fiasco and its likely a solid buy now and this is oversold. Still stings to be at a 52 week low.
I didn;t want to overreact and sell and have not. In fact its likely a solid buy here with caution as next quarterly could also dissapoint with limited production to come on.