REI may have closed out one of weakest
production drop off quarters in
1st quarter, 2024 in a long time...
REI already guided for a big hit to
production due to January freeze over...
VTLE didn't bother to give any insight...
REI has been near the worst fire threat
area in Texas for almost six weeks...
In mid 2023 when a fire event hit a well
site REI didn't disclose it until earnings...
REI hit a big pop up number Wednesday
that highlights low resistance of holders
that are staying to see the 1st quarter
numbers when they get dropped...
Higher prices in the oil patch don't
mean that most are holding...
That is why the stock market is viewed
as being rigged because institutions move
prices when resistance gets weakest...
Patience young Jedi, thou has entered
much cheaper in the past...
Like, like if WAHA natural gas price
starts flirting with 0 soon in Texas...
NYMEX, cheap natural gas may only
be part of the revenue mix in Texas...
So we watch...LJ
Gee Beav, rithmatic isn't usually this hard to read!