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It's not a range though, it's a definite

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SandridgeEnergy Member Profile
 
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SandridgeEnergy   Sunday, 05/14/17 10:01:02 PM
Re: Level2Me post# 60678
Post # of 61967 
It's not a range though, it's a definite number. You have to do a little math to get to it, but it's still a definite number. So you were wrong. Not that it matters that much because they revoked it anyways.

The issue is not:

1. Whether or not the issued guidance - as buckylaw said - because they did. That has been proven.

2. Whether or not that guidance was revoked - it was.

These are just facts.

The real issue for discussion is why it was revoked. The guidance was set right as Nelson was giving up the reins, what did Cargile see that led him to believe he could not be confident in meeting the guidance set by Nelson?

If it's because of how they recognize revenues... that is not changing and hasn't changed very much. Which means we will never get guidance again.


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