There is a sell off and shorting,that cant be controlled. Increased prduction numbers are a given for the next quarter. New rigs in the fields,workovers on existing wells,new acreage and high impact wells all coming into play.
Remember a consevative speaking management,so something out of left could be thrown in. No one involved in running the company has sold. 100 YEARS OF PROVEN OIL IN THE GROUND. Plenty of time for a price turn around i think.!
FDM Price at posting:
67.0¢ Sentiment: LT Buy Disclosure: Held