what do you think about the debt? It seems really huge compared to cash flow? Also see executives aren't shy about paying themselves (which ones in any company these days aren't?). Float is pretty low though. Looking to be convinced!
Ahh, yes something that might make this company look not as hot but I have an answer to that.
From the earnings call they reduced their debt to EBITDA from 4 to 2.5 to close just yesterday(one day)
The debt to equity ratio is 1.805 which is borderline sketchy. However I would not look at just that alone, they also doubled the revenue and EBITDA in the last 12 months and tripled their net income. The company has done this by focusing on oil instead of natural gas since natural gas isn't where the money is at always, so it appears they didn't just get lucky since they have a new strategy and blow away analyst again.