relax...if a 10-15% move phases you....well then you should not be in the stock market. Buying stock is soo easy you can never lose if you keep adding. Options is where you need to panic when you see that move happen.
I get this strategy but IMO just buying the dips is much easier......some factors can certainly mess this strategy up
I am seeing revs around 138.64 mil and -.04 EPS. Either way, the main advantage TPLM has over everyone else is cost per well. Right now many players are toast scrambling to try and find a way to lower cost....well ROCK PILE. Right now we are a gem because with lower oil prices it comes down to making a profit @ 60 dollar oil. Only way to do that is to lower all other costs.
Private equity has hundreds of billions ready to be deployed. TPLM knows that and the reason for no deal yet= we want them to pay up. Very smart management not to have sold yet. Huge rebound coming and shareholders will get paid
its up over 25% on the year. That is a big gain. Relax...even a 15% move back and its still positive.
Not sure why they like Linn but plenty of other names we should scoop up and just hang on to. Even if its 10-15 years down the line when they sell. So many insane bargains just for the land forget the oil
Energy is weighing them down, the odd part is they have billions to deploy in the sector and we have heard nothing
Its supply issue with oil, not demand like in 2009 era. Brutally honest its awful out there and probably will continue to be terrible for sometime. I expected some sort of sharp snap back to crush the shorts, but not happening. What do we do now?
Brace....slow your purchases to every .50 or so. TPLM will make it....lots of assets to divest (even if they couldn't get a buyer at the price they want). Lots of avenues to explore. Overall markets look toast too. which is concerning..
What do you do? Depends on your financial situation we might be sitting here for a bit.....but overall I am not worried about financials yet.
I see companies down 60% + ...The land value alone is insane forget the company. We should be taking out the weak names then sell them for 400-500% in a few years.
Private Equity/Investors are on the hunt now. Wouldn't be surprised if a BX (or similar company) comes in and makes a deal or takes a stake.
yes vs peers BCEI has a value gap........which should be realized in the future. Right now they have JV talks going forward and lots of flexibility given their foot print. Market is irrational now, but we just need oil stabilization and we are primed for nice growth going forward.
maybe I am missing something but this is not dilution for BX.