2 things, insiders own 11% common and significant preferred, Another fact is that very low cost producer and can make money at lower oil prices than anyone else. Thus if oil continues to creep up this has a nice upside.
Should get easier to hedge higher. With driving season starting draw should be a positive for prices every week and getting 55-60 may be that far away
They are not releasing earnings and haven't for 2 quarters now. Obviously the result of going Pvt and delisting
You do realize that in spite of hedges memp has continued to watch dcf coverage evaporate and thus the distribution with it.
I noticed that in site of pending buyout short interest actually increased. Any guesses who Bloomberg might be padding?
What a db. Legacy mgt has significant skin in the game and will do everything possible to make this survive and if projections are correct they will
Sorry but this was a great quarter in the worst oil environment ever. Asset sale millions above projection and production good. No miss! Reduction of debt and now oil prices going up
Don't expect too much, last quarter was the worst for oil prices so I am just looking for some side note positive news related to bank or debt.