|Bid||7.15 x 3200|
|Ask||7.18 x 1400|
|Day's Range||6.69 - 7.21|
|52 Week Range||0.53 - 7.57|
|Beta (5Y Monthly)||6.58|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 01, 2021 - Nov 05, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||6.61|
The oil driller got a second price upgrade in as many days, but there's probably a different reason for the sharp stock advance.
Oil prices are in rally mode, and oil stocks are following along for the ride. Is this the right time to jump aboard? Maybe, but be careful.
The company owns acres of mineral rights in the giant Permian Basin of Texas, but it doesn't plan to drill any wells.