Cannacord (SP) holding around 7. Which is very reasonable. Once things come back mid teens for this name. Right now is about getting lean watching costs/getting efficient so when the good times come back we dominate.
you mean -.04? Impossible to guess but just noise in the long term. If it tanks, buy more and build up. Lots of shorts are piled into the name and any decent news will cause them to get trapped.
maybe I am missing something but this is not dilution for BX.
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
Agreed the biggest drain was/is oil prices. Average was 43.XX ouch.. However we are coming back now so Revs will get a bump. Great time to scoop up this gem and accumulate on depressed prices.
Sentiment: Strong Buy
RockPile looks to be doing well no? Cost reduction is key. Not bad considering oil prices KILLED them this QTR. Settling here int he 60s should give it some juice. They are aggressively cutting costs.
its up over 25% on the year. That is a big gain. Relax...even a 15% move back and its still positive.
Then scale in. Never got full one shot, unless its a trade and you have to be quick. Add another lot here...then when its down another 2%. Average in the Divy will help you out too
Yeah it is tough, but honestly we want down days (as long as you have dry powder). and you buy...ride out the storm so when the sun comes out its all good! enjoy
spreads are wide still, I would imagine we will get consolidation soon. Makes sense to do it now before the interest hike or companies got to pay up
I was thinking about buying in the 4.8s but I thought let it play out during the trading day to see where it lands. Then I look again and over 5....go figure.
The thing is, the reason for the miss was HORRIBLE oil prices. Now that we are in the 60s we should be making some $$ due to cost cutting as well.
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.