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Re: Wildbilly post# 125

Monday, 03/02/2015 2:22:13 PM

Monday, March 02, 2015 2:22:13 PM

Post# of 240
$FANG is in great shape, in our view, with both a strong balance sheet and a strong hedge position. With debt/capital (proforma 1/30/2015 for a recent equity offering) of 25% and debt/EBITDA projected at 1.5x this strong balance sheet is further bolstered with 43% of projected 2015 oil production hedged at an average of $88.03/bbl.

Purely my own opinion. Do your Due Diligence.
Oil and Gas Stocks | Micro Cap | Small Cap | Mid Cap

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