I've been absent a few months. Held NOG previously. Still like what I see here in spite of the update. Balance sheet is excellent. Cash flow up near $200 mil on an annual basis, so it's trading at about 5 X cash flow.
Wish I'd looked in earlier today as I had taken it off my watch list . Will watch and see if I can pick some up in the sub $14.75 area.
Still watching. Did a comparison of NOG / KOG / MHR. I'd say NOG is the safer bet of the 3, most conservatively run and a good value play here. KOG probably OK but a little more aggressive. MHR too aggressive for me. Too much debt and Preferred stock on the balance sheet. Just my honest opinion. Not holding any of them right now. Will probably hold off for awhile and see if oil comes down a little. Nog most likely buy for me.