Apr. 19 at 8:11 PM
$NOG Price is a bit rich up here. My reentry price is toward
$20 but the stock has turned itself into a trading stock due to the Iran war/situation. Long term, I think the company has great assets, even if they did overpay for some of them (the Nat Gas asset purchase, as example). The other thing going for this company is that it is an Interior producer, and that means they don't rely on Ocean Rigs nor Supertankers, which in itself matters for certain strategic situations.