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drugmanrx

05/13/17 6:03 PM

#60675 RE: SandridgeEnergy #60674

I would rather have them give guidance they can achieve or exceed than give a number they can't come close to.

My guess on no guidance at this particular meeting is due to the weather conditions and it lasting longer than past years, it put them in such a position where they can not calculate what they will be able to make up the rest of the year.

Level2Me

05/13/17 7:37 PM

#60676 RE: SandridgeEnergy #60674

"More than 30%" is not a definite guidance. They haven't given an actual number.
Now, 30% means $110-$115M range for 2017. We will have to wait and see, Q2 will be quite telling