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researcher59

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Re: gilead23 post# 130254

Wednesday, 04/29/2026 10:46:24 AM

Wednesday, April 29, 2026 10:46:24 AM

Post# of 130766
NOG oil production was down 6% y/y while NG production was up 33% .... 2026 oil production guidance was lackluster, roughly flat with Q1 even towards the high end of their guidance range.

I view NOG as a play on potentially "higher for longer" oil prices rather than production growth. Also I need some exposure to O&G drillers given this uncertainty with the Iran war.
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