looks like an other lowering of the target number for earnings. they started out at .26 cents then,
they dropped it to 22 cents, and then to 19 cents and now its at 18 cents. when you get to lower the target every other week it makes it easy to hit. but wait not this steaming garbage pile they lower it so they don't miss as bad over and over every quarter but one in last 3 years. this is done by not reporting the 4th quarter earnings till 60 days after the quarter ends. now for the few of you that actually can read a stock chart, look back 9 monthes to the week before last earnings kog was climbing to 14.08 the week or so before earnings, the preliminating numbers promised a big number. BUT WHAT HAPPENED? with in 3 days[ the don't have to be true ] numbers were found to be the usual lies. well that set off the sell off of a 4,00 drop from 14.08 to 10.12. they said they hit the number with made up lies. last week they did the same thing and broke 12.00 for 20 min. and already started down. this time even with the dropping of the target it will be a lot more of a drop. the head liar will talk the same multi pad promise, and we will know latter in the year how the pilot holers are doing, that's a standard lie used every conf. call for 2 years. I think its hilarious that adults get feed the same song and dance story, and they eat it like candy, how sad.
The average production for Q4 based on DNR reports is 1280073 BO/Month. The averagefor Q3 was 1146163 BO/month. Interestingly September had 1336448BO and October had 1361096 BO. As a wild guess, I suspect that the weather slowed them down a bit in November and December.
If my guess is accurate, we'll see monthly production ramping up quickly as soon as the weather clears.
(Note: the numbers I quote do not take into account lease fees , partial interest in non-operated wells otr partial interest in operated wells--just taken directoy from ND-DNR monthly reports.)
Why are you here? Do you think your demented screeds have ever influenced anyone to sell off just to please someone as crude, avaricious, maladaptive, and maladroit as you? Your analyses are infantile and pure agitprop. You are a demagogue--whose point of view is so seriously damaged by problems with wish-fulfillment, that everything you write is now a lie--including the "ands" and the "thes." Whether you generate ate ROI for yourself is really beside the point; one day, you will have to face your problems.