InvestorsHub Logo

CPTMatt

08/29/14 11:10 AM

#16177 RE: 2morrowsGains #16176

AXPLF and other energy plays. Bobwins posted an excerpt a earlier this week that made a good point about the technological leap in oil exploration and production. With horizontal wells and fracking the name of the game isn't so much finding the oil now as it is funding the development and production.

In addition to near-term production boosts one thing I'd want to make sure of is that the company has plenty of cashflow to fund it or an adequate LOC