Just pulled the trigger on this company yesterday and new to the board. Fundamentals look outstanding and great potential for future growth. Price of oil has me worried a little bit short term but overall this appears to be a great opportunity at a great price compared to its peers.
For info this is a natural gas play not oil, and you are correct it is being touted by every service and his brother for its fundimentals. NG is sort of hanging in there but commodities in general are going down. Oil to $95 bucks today a 13 month low. I am personally 85% in cash and just watching basically. I have had to grit my teeth a bit as several MLPs have come back stronger than I anticipated. I was in for the BXE runup this last year but did not get the high of $10+, I sold at $8.50 on the way down. I am kicking myself because I did not bail the grandchilderns ED IRAs as I thought the BXE selloff would be less than what has happened and I would get back in. Their accounts by type can be much more long term. Perhaps some smart person can shed light on the selloff I am sure at a loss, I just do not fight the tape. They did a major oops,no no, stupid deal whatever you want to call it in the offering that did not sell out. Also I could not make heads or tails of the recent quarterly report, I am going to look at that again and continue to watch, if they have the gas potentail they say they have and the big O doesn't totally ruin the country before he is out of office I think it is a buy here somewhere.