Jul. 2 at 9:02 PM
$REI Because their all-in cash costs are under
$22, and their corporate maintenance break-even sits around
$50 WTI, trading crude at
$68+ GIVES Ring an incredibly fat, protected cash margin. They generate massive amounts of free cash flow on every single barrel sold, which is exactly why the underlying financials are so strong despite the stock's recent technical noise… $
$IREN $WULF $APLD 😉
