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$LPI Oil rising blowout earnings in 2 weeks

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tdeck   Tuesday, 01/28/20 12:10:50 PM
Re: None
Post # of 108 
$LPI Oil rising blowout earnings in 2 weeks with guidance being raised for 2020....... the perfect storm.


They are in the best shape business wise and financial wise in 2 years IMHO. Those two oily fields they got on the cheap well below 2018 prices were the key. If it wasn't for them the bank deal would have been non starter. They solidified the next few years with better ground and have cash left over to buy another if one comes available at a dirt cheap price. The last was a bolt-on already doing 1400 barrels per day.

Peace out.

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