After being down 45% in 2013, this King of the POSs is down again this year. In fact, it is down almost 7% in just the last five trading days.
Must be about time for (mis)management to reward themselves with additional millions in value of stock or phantom stock units just as they did last December. Maybe they are waiting for the stock to break into the 20s , at which point this POS will be down over 50% since the beginning of 2013.
After being down about 45% last year, this POS is once again in free fall and is only 2 points away from setting yet another 52 week low. And (mis) management continues to do nothing whatever to benefit shareholders except themselves
Reasonable question.only feasible lawsuit would be by a class action law firm which would represent all shareholders and gets paid on a contingency basis. Otherwise a law suit is way too expensive for any individual shareholder to undertake. I worked on many deals involving the SEC over the years and they are not interested in a situation like this .
Latest collapse of the stock price of this POS continues unabated. Wunderlich upgrade looks like yet another bad call by a Wall Street firm about this POS. Are there are Wall Street firms left who would dare upgrade this POS? Every firm that has done so in the last 18 months has been dead wrong! We are less than 3 points away from yet another new 52- week low. Gee, I wonder when the EVEP employees (and idiots) ,quontuon and rbb ,will post more useless (to the performance of EVEP) information about wells drilled , etc.
Been away for awhile but I see that EVEP has resumed its normal downward trajectory . It is now back to where it was trading before the Wunderlich upgrade last month. But the Yahoo idiot, quontuon, and his moron buddy , rbb, will now tell us how many new wells have been dug in Utica and cite other statistics and call me an idiot. What I am concerned about ( and what any intelligent shareholder should be concerned about) is the stock price and the stock price of EVEP continues on a steady trajectory downward that began over a year ago and that has resulted in the destruction of about 40% of shareholder value as (mis)management of EVEP continues to do nothing (except reward themselves with millions in free stock)
With the stock price doing nothing today after the latest collapse yesterday, I guess (mis)management really "wowed" them at yesterday's investor conference. Given the poor results announced yesterday morning and the lack of any positive announcements during the earnings teleconference, why did (mis)management elect to attend an investor conference later the same day? I doubt anybody at the conference came away with a good impression of EVEP and its (mis)management.
The more this stock plummets , the more the true idiot , quantuon, comes up with more justifications why we should ignore the past 14 months and even ignore the present and we should also ignore the over 40% drop in the price of this POS since the beginning of 2013- just trust the idiot quantuon- next quarter or the quarter after that or the one after that will be better. You know eventually he might be right but so is a broken clock twice a day. As for revenues- they missed on consensus revenue number.
Quantron- you must either work for EVEP or be a close friend of EVEP management because noone could be truly as stupid as you
I notice that loss is accelerating. Houser and Walker just could care less about shareholders and the analysts who asked questions didn't ask them a single difficult question
(Mis)management said nothing positive in earnings report so POS is down a "mere" 4% today. Wonder when they will be rewarding themselves with millions worth of additional stock for their "tremendous" earnings conference this morning which caps off a year of mismanagement and destruction of shareholder value.
Wow Someone else has come to the same conclusion that I came to early last year. Operating results stink ,they can't or don't make any material sales of assets , yet they pay themselves millions in compensation .They seem to be running EVEP as a private company for their own benefit and let the public shareholders be d a m n ed
Revenues down in 2013 from 2012, loss widens and revenues miss estimates significantly. No Utica sales too, yet these clowns gave themselves millions in free phantom stock in December. Management seems to be running this company for their own benefit and to the detriment of public shareholders.
I would love to hear what EVEP apologists like rbb and the true idiot , quontron, have to say about these "outstanding" results
Stock is up because Wunderlich changed rating and raised price target by a "whopping" $1 . Management still is terrible and way overcompensated
I fail to understand why you think I am happy with falling price of EVEP. Management needs to go and phantom stock units worth millions that they received in December after destroying 40% of shareholder value in 2013 should be voided.
I guess management is still counting the millions in phantom stock units they received in December for doing nothing positive for shareholders last year. That must explain why they have continued to do nothing this year while a recent report stated that they don't currently have the cash flow to cover the distribution. And , of course, a sale of Utica assets remains a pipe dream