RE:RE:Today’s trading action exactly right...... its never been easy for energy and it is becoming an even more difficult business to navigate through when you have a heavy debt load.
It does not matter if you are doing all the right things when the oil price is working against you.
High debt is a killer in this business.
One of ATH strengths has been the same managemnt team in place that has gone through the cycles and realize low debt (or even better, NET positive cash) is more favaorable to stock price appreciation than growing production at any cost.
cahclick wrote:
Just like clockwork.
Down oil goes from being up over 3% to now below 1% within a couple hours.
Hard to rely on due diligence when my dartboard has higher reliability.
If it weren't so rigged it could at least bring a smirk to your face.
Meanwhile ATH keeps killing it with fcf
go ATH go