its a good feeling when you have a producer and the price of oil is going up.The recent estimates of income by the company have already been understated due to oil price rises. A $61k daily income is now $64.5k and rising.Lets hope the trend continues with many new wells to come.
A couple of solid buying spurts today may indicate institutional interest as AZZ is being risk rerated.
The concern of financing next move has no doubt been nutted out by this management team who have done a brilliant job so far.I have faith they act in shareholders interest,particularly as they have large holdings.
A mix of good luck and good management has resulted in a spectacular sp rise and we still have a bellyful of steam.The plan at hand makes it possible for AZZ to be a billion dollar company within a few years.Good luck to all
good feeeling
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