Jan. 29 at 9:48 PM
$PR is a keeper. Never doubt the oil & gas industry. The ones that last will be rewarded. Many small have went to the way side. Many more will in the near future that can’t survive with WTI @
$65. Bigs are sucking them up cheaply. Once the littles are sucked up along with some of the poorly run mid-cappers, those that survive will prosper. Take that to the bank. World cannot run with fossil fuel for DECADES TO COME.
$PR is one that has its feet soundly planted on ground thanks to intelligent management. I’ll draw my dividends till we see
$80++ WTI.Less than 550 oil and gas drilling rigs are in use in the USA today. 2018 there was 1077.