This company has some of the most experienced and seasoned Sr Mgt in the oil patch- bar none.
There is BS misinformation being propagated on the internet about "mom and pop's shale producers" or "wild catters who jumped in everywhere" and that they will be weeded out or whatever.
Some are "trying" to connect a nearly 100 yr old company such as DNR (NYSE traded) to that BS and total false narrative.
DNR even in these toughest of times is PROFITABLE and they are CASH FLOW POSITIVE and they STILL did approx $1 BILLION in top-line revenues as they have massively cut their cost structure.
This is NOT their first ride on the ups and downs and violent swings of the oil patch - as old as time. They are NOT by any stretch some amateur, new to the game "wild catters" or anything even remotely resembling some bullshit "mom n pops operation" as some on the internet have falsely stated.
$DNR is one of the most rock solid plays in the land drilling space- they KNOW THE BUSINESS and they are survivors in the business.
We know what we own here- they're not on the freaking NYSE because they fell off the turnip truck yesterday :)
DNR will be $1 buck a share is EASILY the first stop as soon as the markets calm down and oil even burps above $40 a barrel for a week - which is GOING TO HAPPEN w/ 100% certainty !
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