Hi Alton,
in general, I don't like it when a stock dips below 5$ and stays there too long. EGY is now a hated stock in a hated sector, I am not liking the price action at all. In my opinion, there are more rewarding plays on a risk adjusted basis.
In the time being, I will likely use an ETF as a placeholder but long term, I am very interested in PDCE.
Not to mention the likes of COP (touched $53 today and now offering 5.5% dividend)