InvestorsHub Logo
Followers 698
Posts 25430
Boards Moderated 2
Alias Born 01/18/2011

Re: SingleFile post# 755

Saturday, 02/20/2016 11:37:22 AM

Saturday, February 20, 2016 11:37:22 AM

Post# of 893
Yea it's a modest run company and soon as the gas prices go up every thing else does in the oil n gas filed.Cycles occur and looking at a l I ng term oil n gas chart will show how this isn't the first time.This price here is a bargain.A lot of the companies got caught off guard by drilling the expensive horizontal wells like here in the Haynsville shell area is my opinion and drilled a little too many before the price dropped so much they had a hard time recouping their expense involved.A lot of those wells gave been choked back but are hard to shut in due to fluids prevalent that can ruin the fracking job.But in the end they will be making so much again that so e will be saying the oil n gas company's are again making too much money lols.They have to get it while the getting good but to pass taxes like our current adminst. Has done only hurt all involved ..Lay offs etc.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.