I check this board as a source for info and updates on AOK from time to time. You're all very knowledgeable and I appreciate what I've learned thus far.
I've read back pretty far in the discussions and still feel like I have a few questions for anyone willing to take a stab:
1.) What is the general consensus on how well AOK can "weather the storm" relative to other oilers?
2.) Knowing the AOK still has significant proven reserves in the ground, how would the market generally react if they decided to cease future drilling/extraction until prices return to profitable levels? By my math, AOK is still very undervalued from a market cap standpoint relative to it's reserves, even with the massive price drop in oil bringing down the value of their reserves.
3.) Is AOK hedged beyond 2015? The company reports I've seen only list hedging information on their oil through Q4 2015.
I'm not looking for investment advice, just curious on peoples perceptions.
AOK Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
