Replies to post #55778 on Savvy Trades and Investments

[researcher59]

LPI - I never bought any because I didn't like that they were pure play Permian and missed estimates for Q1 and Q2 by about 10%. Warburg Pincus sales and share overhang also a concern. However if it sells off too much tomorrow I may pick up a starter position.

[SSKILLZ1]

LPI

Decided to sell my LPI overall just now. I was disappointed with the CC, I also get that production growth is not gonna be great going foward. and oil production is not great either which is a problem. I didn't love the CC I also expect earnings to be down from q3 levels in q4 in my opinion. So basically instead of the $1.40 I thought they would earn in fy 2019, now I think they will be earnings a $1.00 or so, so obviously don't like it the same. decided to sell based on that. All is just my opinion, and I could always be wrong though.