RE:RE:PipestoneI am with Oldnagger.
Although I like divs as in PEY, would willingly go 100% PEY, what?? am I nuts, maybe.
At least I mostly know what they are doing.
CR is a little bit more of an enigma. I have been confused by statements made a while back but the overall just is growth.
They seem to have some really good producing wells so I am hoping that production growth follows suit ahead of expectations.
As with PEY many wells are paid off within 4, 6, 8 or 10 months which means borrowing money is not an issue yearly and can be rolled over and over assuming plant and equipment is all in place to take on this extra production.
CR may be limited in this area down the road. Doing a plant is a 1 to 2 year job at best lately even if you can get the equipment.
Looking forward to today, but would rather longer term growth overall.