This is going to be rich next week as they push this stock up based on exceeding production guidance all the while losing money and burning cash. Let's see $44 oil and PXD is in the 150's. You longs need to start aggressively buying CMG.
Of course, this executive team should be taken out back and shot. A bunch of corrupt good ole boys who need there #$%$ kicked. I must be eating #$%$ sandwiches to still be long this stock.
Are they the controlling shareholder? I don't see them as a major holder on Yahoo. Is this some non voting share structure that HPT owns?
Slap a PE on your best guess and tell me your target price. I'll play along and say they will make $3 a share before capital expenditures and I'll give them a 22 PE and my target is $66.
Expensive to produce oil with high depletion rates doesn't warrant a premium. Wake up people before it's too late!
How much money will they lose this quarter on the income statement and better yet how much cash are they going to burn on the Cash Burn Statement. Riddle me this?
I don't think these guys even make a dollar a share in Net Income so more like a 50 PE. I never followed NWL but I can tell you Martin Franklin from Jarden is a Sociopath. Google Him and the NYC marathon you'll see that they stripped his top finish away because it was inconceivable and unbelievable that he could come in so fast. No argument out of the Socio path as he knew he was caught. Not the first race he cheated at either. Now think about the type of person who cheats on his running race for which he has no pecuniary interest, and then think about what he is capable of concocting when he has millions of dollars of personal wealth at stake. Cramer Tea bags this guy because he is all to ready to come on his show, and because he ALWAYS delivers the numbers which makes Cramer effuse undue praise. This guy is just a more polished version of another Martin.. Martin Shkreli. Enjoy this read... http://www.letsrun.com/2001/franklincheat.html