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American Campus Communities, Inc. Message Board

wozkicks 2 posts  |  Last Activity: Dec 1, 2014 12:02 PM Member since: Dec 31, 1999
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    HOW MUCH

    by wozkicks Nov 28, 2014 9:53 AM
    wozkicks wozkicks Dec 1, 2014 12:02 PM Flag

    Evans just got through stating that 20-30% of income comes from oil and most of that is hedge at around $100. They have been selling oil producing properties in favor of NG. I'm thinking my assumption was correct and this will turn out to be a buying opportunity. The question is, how low will it go? Don't want to buy much on way down. Need to be buying on the way up. I give it 3-4 months before I start buying if OPEC continues to do nothing.

  • wozkicks by wozkicks Nov 28, 2014 9:53 AM Flag

    How much of MHR's income is from OIL and how much is from GAS?
    I believe it's mostly gas. IF i'm correct, this would present a buying opportunity.

    Any thoughts

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