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Re: None

Monday, 09/19/2022 9:58:29 AM

Monday, September 19, 2022 9:58:29 AM

Post# of 112984
SBOW -3.05 to 29.82, looks very oversold after the big selloff of the past few days .....

SBOW expects to grow overall production by 30% this year and another 30% next year and will be roughly 50% oil revenues by year end. Even at $50/bbl oil and $3/mcf NatGas, they'd earn about $7 untaxed, unhedged EPS based on 2021 production. The stock is among the very cheapest in the energy sector.

I added a bunch of shares this morning ..... the stock is 40% off the June high of $49+.

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