I'm expecting guidance to be met.....but would love to see a head shot to the short position by a beat on top and bottom lines. Consensus is calling for revenues of 167mil and a (.01) loss per share. Long Strong and Patient.
I'm not certain as to what to expect but I know some of the key metrics are favorable. Early in the quarter the EIA specifically noted high activity in the Marcellus shales and as everyone recalls it was the Marcellus where Shell had asked HEK to add drivers. Without question commodity prices have strengthened greatly for natgas customers and the better off the customer is the better off HEK is. I think the greatest potential is the impact of internal "best practices" that Johnsrud has been able to apply across the HEK legacy side. We also have been without Devlin running TFI so there's interest in that sector as well. There was some winter impact in the quarter but to what degree it had impact is questionable. With the annual forecast on revenue provided they indicated a pretty good strength. They said the customers all plan the heaviest activity to be in the second half of the year and provided some specific drilling #'s provided by customers. I'll be content with an OK qtr, knowing it's the weakest and most likely the last opportunity to load up more shares. If they do surprise to the upside again......it's game over for the sell side...and higher cost basis for adding position. Looking forward to seeing what the boys do...LPS
we should get a much cleared view of how much the PF deal is adding to the bottom line ..... guidance bonus
will be something specific concerning organic growth ... the buying should be about over and concentration on
actual growth will be the key to attracting big money concerns ... it will also help for the pps to get over 5 so
that funds can start to buy .