Yep, it will bang through oil $125 next week, but this just if one is a Main Street guy an investor, a real one not a trader, this a no brainer, an equity one can sleep at night 10% of a portfolio would bank an equity like this, it is just real.
Anyone as it is the weekend, don't listen to my arse or anyone else's, DD it. First easy and must do when DDing just look at the PRs 2018-2020 and correlate what the man said (realizing he makes $1 a year and he isn't playing games, 2020 pissed this dude off, just guessing that as I am trying to put myself in his position, how would I feel.
I am running like gangbusters production is cranking a fat ass field of oil and then Covid, poof, now 18 months later, with what energy numbers are now and what the near/mid term prices will be, DRILL BITCH.
Pardon the curse words, just l realize who he is and know a fellow doesn't just ramble to ramble look at the pre Covid 2018 Q4-2019 Q4 numbers watch the production and well numbers, drill, don't just stand their drill, that is him today in this environment.
Just look at the 10Q's from Q4-2019 and see the PR's where he said he was going to crank production and that this is no game, and one will see, well he did Q4 2018-Q4 2019 drilling fool and all the wells hit wet and some astoundingly so.
Now Covid over, acquisitions in CO 4 wells came online October 6% ownership, Jan 10 producing wells 6% ownership, and 8 more coming Q2 2022. And NM one need do nothing but as mentioned look at Q4 2018-Q4 2019 before Covid halted the game, well look I need not tell anyone it is there to see.
Get a calculator out do the match, look at 2019 before his growth stopped then common sense he is back at it, drill bitch, what are you standing there for you had a year and had to be lazy, dill bitch.
More than likely a bit kinder/diplomatic all the CO drilling the two new wells already pumping at decade highs and we know all Simons wells are at least fare to middling (another fact, in Roosevelt County NM, prior to Covid they had 13 (which had been drilled in the previous 18 months) of the 20 top producing wells. Now the horse has been let back out of the corral, grab the mane of that horse or you may get flipped off.
people have no earthly idea, many times it makes me shake my head just what goes through peoples minds in the "new market" hint................................. take a minute, Know who he is (has a Wiki page) look at what the man said and did before Covid stopped him, and now that it is over, he has said and has shown, it is 5th gear baby back at it. Just look, and then look at the energy market, and do the math, oil above $80 in 2022, with this fellows ambitons and the return on investment, shhhiiiittttttt paying for wells as they are tapped, drill bitch, drill.
This one, is gonna be a shocker, just do the match, and think with clarity.
It is that easy, have a great day!
Peace out
So easy it should be illegal
