RE:RE:RE:If anyone wanted to double down Many of the posts make it sound like the stock price devastation needs to be combatted in some way. There is no evidence that management is all that concerned about day to day stock price. The company is currently at about 1x FFO per share. Industry is 3-5x. EV per flowing barrel under $20,000 per flowing barrel while tge industry trades 35,000-75,000 depending on OGR. Earnings per share running around 3x eps where industry is 7-15x. In terms of reserves it's trading at 30% of NAV while the industry is at 125%.
The short term trading price has no impact on operations at all so if management seems quite patient it's because fundamentally they have a very good company. There is nothing they can do about market sentiment so best just take a deep breath, go for a walk and be patient