Production increased to 569,000 barrels of oil from 265,000 barrels a year ago, and 8.3 million cubic feet of natural gas from 3.5 million cubic feet. After accounting for derivatives, the company's realized oil price jumped to $55.26 from $49.14, while its realized gas price fell to $5.99 from $6.17.
The company expects oil production to range from 1 million to 1.1 million barrels in the third quarter, with natural gas production ranging between 20.2 million cubic feet and 20.9 million cubic feet
Yes amazing isn't it: based on actual numbers, analysts targets are effectively up from low of $16 and high of $20 to $17 and $21 respectively. Yet the stock has plummeted to below $10. Management has never been able to get this stock to trade where it should, and they keep postponing the sale of the Company...their only shot at getting a fair price....The stock is a strong buy based on underlying fundamentals...just as it has been for the past three years.