Replies to post #1590 on Smitter's Roundtable of DD Part Deux!

[The Night Stalker]

FTXP 25m floater fell from .50

Q1 Highlights:

Foothills reported a 36% increase in revenue to $996,819 during the three months ended March 31, 2019 ("1Q19"), compared to $728,230 for the three months ended March 31, 2018 ("1Q18").
Foothills reported a 34% decrease in losses from operations of $382,789 during 1Q19, compared to $584,425 for 1Q18.
Please see Quarterly Report on Form 10-Q filed with the SEC on May 20, 2019.

End of Year Highlights:

Foothills reported a 1,556% increase in gross revenues to $2,567,438 during the twelve months ending December 31, 2018 (“2018 Fiscal”), compared to $155,161 for the twelve months ending December 31, 2017 ("2017 Fiscal").
Foothills reported a 2,667% increase in net oil and gas production to 398.59 BOE/d during 2018 Fiscal, compared to 14.41 BOE/d for 2017 Fiscal. (~98% natural gas-weighted)
Total operating expenses increased by 30% to $7,276,806 during 2018 Fiscal compared to $5,602,820 during 2017 Fiscal. This includes $2,908,783 for non-cash items of depletion, depreciation, amortization, accretion, and impairment expense.


https://www.barchart.com/stocks/quotes/FTXP/technical-chart?plot=CANDLE&volume=total&data=DO&density=M&pricesOn=1&asPctChange=0&logscale=0&indicators=RSI(12,100);NVI(255);ADXMOD(14);BBANDS(20,2);AROON(25);SMA(50);SMA(20);SMA(200);CCI(20,100);SMACD(12,26,9);STOSL(14,3);SMA(34);PCT(20,0.20);OBV&sym=FTXP&grid=1&height=375&studyheight=150

[The Night Stalker]

21% interest in EOG trades on NYSE 69 dollars a share

The Company owns a 21% non-operated working interest in two (2) Uinta Basin horizontal gas wells: Stagecoach 111-20H and Stagecoach 117-20H. Both wells have been producing natural gas in commercial quantities since December 2017 and both are operated by EOG Resources, Inc. (NYSE: EOG). These wells fit with the Company’s overall growth strategy for the Basin and provide Foothills with the ability to gain insight on an emerging horizontal play from a world-class operator. The wells have been classified as Confidential by the operator with the State of Utah Department of Natural Resources Division of Oil, Gas and Mining.

[The Night Stalker]

I buy big runners, problem is i don't know when to hold when to fold and when I'm red i panic and sell at loss only to see it go up 5000%

im red in FTXP but i read in fillings this is actually a good company