Jun. 18 at 2:38 PM
$PR literally loving eveny second this drops. Just need to figure out when to load up more. Ideally, mid to high
$16’s.
A company with some of the best discipline and lowest cost in the sector.
One of the lowest break evens in the sector (around
$38 a barrel).
Share buybacks, increasing dividend, under 1x levered
New pipeline for natgas coming online next quarter will help eliminate depressed price of WAHA
BOLT ON acquisition powerhouse
CO-CEO Performance based pay structure
I can keep going……..
Insanely cyclical sector, which we all know. But…….. keep paying shareholders, buyback shares and make tons of FCF with WTI
$70+.
I don’t expect a buyout anytime soon because frat boys want to keep growing, but when that time comes, east
$25+ per share.