Comment by
WillyGreen on Mar 07, 2024 6:40pm
Great summary of the revisions to price target. Given the 12.5% drop yesterday, it affirms my view that buying pou at these current levels is wise. Bear in mind, for now, 2025 guidance is intact. This is a 2025 play, but if pou can get executing again, you will see $40+ in 2025.
Comment by
Barnbeezeeeeee on Mar 08, 2024 1:20pm
Definitely disappointing results. Lowered guidance by 9000 boe/pd is huge. Pou now needs $80 bbl to pay its dividend and fund its budget for 2024. Something has got to give. I know Pou has a fairly low share count but another thing that bothers me is that it seems there is another outstanding million shares every time I blink. I think 2024 is going to be a wash.
Comment by
WillyGreen on Mar 08, 2024 5:18pm
We will be fine but pou needs to get back to executing. Can't screw up next quarter. If