Possible entry level $1.32 *& Target price $1.50.
This offshore operator has some interesting upside possibilities.
The balance sheet ratios appear to be decent.
Stock price is extremely volatile, and good news often results in an outsized temporary gain.
Recent results have provided steady production growth.
Expect older fields to be sold to keep debt reasonable and costs lower. That may result in "lumpy" growth.
Source Seeking alpha
This offshore operator has some interesting upside possibilities.
The balance sheet ratios appear to be decent.
Stock price is extremely volatile, and good news often results in an outsized temporary gain.
Recent results have provided steady production growth.
Expect older fields to be sold to keep debt reasonable and costs lower. That may result in "lumpy" growth.
Source Seeking alpha
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.