Yes true enough but you would think something is driving this. Right or wrong it would be good to know why.
This is the third or fourth such "dump" and either one of the main partners is getting out over a period of time or ??? I have no idea.
What justified that move for crying out loud. So frustrating. Please someone shed some reasoning.
We'll see - after the big oil moves today this still trades like it is dead. NO VOLUME as of late and as a result we have had stupid swings both ways. They better make a good acquisition soon otherwise I fear your prediction is dead wrong.
LOL - what a flipping joke - just moves without any reason. Can't believe such little volume moving this so drastically. Anything out there justifying these two moves to the downside.
Regency - also they did a revision so you may wish to recheck the list in case yours had an error.
To me this all is good for UAN. The fact that this is trading a PPU lower than RNF is borderline criminal and presents a buying opp. If UAN buys RNF I think it would be possitive and if they don't well same.....I would like to see some diversification with them though.
Why? Until they do something specific life make an acquisition this is going to trade in this range. I agree 2.4 is a little light for sure but not much.
Can someone please push back on the idea that low oil prices are actually good for EROC in the short term. Am I wrong about that? With the current hedging and forced liquidation of other small cap companies won't that provide opportunity to expand EROC portfolio in a positive way. I understand it may not be good to have low oil for 2 or 3 years but for now the lower the better?1?
Given the diversification this would add that is crazy - maybe market takes this down as a result but that would be a buying opportunity under that scenario for sure.
This is a little crazy though - 3% reduction on nothing....and to add insult to injury RNF is up -Can't make this stuff up!
What am I missing here???? This fallout in oil is a good thing for EROC (at least if it is a short term issue). Please explain why that is incorrect. They have great oil hedges (i know NG is a weakness) and have those hedges for good number of years. Please paint the bear case??