RE:RE:RE:WORLD IS NUTSOk so they're getting good money for their gas. Are they not producing enough of it or are their operating expenses too high or both? do know that you can have a 500 million barrel oil field that is non commercial. I remember working offshore Angola for BP where they said that they needed a one billion barrel field to break even. Might be the same. All I know for sure is that investors want to see top line revenue growing.
Like Amazon. Ran high debt, negative net income (losses) for years but Besos was growing top line revenue like crazy which easily serviced the debt and grew the company. That's when I learned that total liabilities and net income mean f all. If you're growing top line revenues then total assets are exploding upwards causing shareholders equity to do the same reflected in impressive increase in sp. If sp is stagnant then I start to wonder why. Most investors aren't stupid.