Replies to post #1202 on Bedford Energy (BFDE)

[ChandlerBorn]

Maybe so, but . . .

Energy producers just may be in the catbird seat because there is ALWAYS a market for energy resources. Granted, there've been boom-and-bust cycles galore, and crude prices have been on the decline, but the demand is still high while the supply isn't the best.

Time will tell if the economies of scale available to smaller producers like BFDE (and East Chandler Field purchaser AOGN) allow them to hold on, if not prosper.

Stock prices for both suggest the market isn't optimistic, but I'm not so sure the market isn't wrong.