AKK 0.00% 0.3¢ austin exploration limited

Ann: Sixth Eagle Ford Well Spud, page-16

  1. 10,878 Posts.
    lightbulb Created with Sketch. 3609
    Using that logic dwuuuu the more oil you produce the more of a hit to your stock price right?

    The #1 & #2 N.A. shale oil E&P companies did not take a hit - they were up slightly. When you make sweeping generalizations expect to see "corrections"

    I
    nterestingly HK got an expansion to its Senior Revolving Credit Agreement by $350M - going from $700M to $1.05B. Makes their total debt approx $3.8B by my calcs. Now that's a lot leverage for a company their size - I make it about 2.4 D/E ratio.
 
watchlist Created with Sketch. Add AKK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.