I'm really looking forward to the March Quarterly, due in about 10 days. As TXN noted in its last announcement they're on track to hit their forecast of increased average production for the quarter to 920BOEPD. That'll be one big leg up in production, with the next one due the following quarter when they should be nudging 1500BOEPD.
So many companies you see making ambitious production forecasts that they don't hit. I've had shares in a few. But TXN seems a welcome exception. They're aiming high and hitting their targets. This next six months should transform this company.
TXN Price at posting:
78.5¢ Sentiment: Buy Disclosure: Held
