Insider here. It's going down. With all this excess cash and the shortage of inventory, the company is finally making a move. Ignore the generic "we're always looking" talk on the conference calls. This is not a drill.
Hopefully, not repeat of the Permian disaster. PW, don't blow it [again].
Lots of suits walking around recently. What is in the air?
Interesting… where has MRO failed to execute in the past. I think historically MRO had individuals who could execute the plan, I just think management kept giving them a pi-s poor plan and cr---y properties to work on. Not sure the company has individuals anymore that have enough knowledge to execute. Management is now a bunch of yes men and the VPs aren’t the most knowledgeable when it comes to operations.. just don’t get me started on the so called directors whom couldn’t even direct themselves.
Yep! It’s true. The issue as always was and will be is our ability to execute. MRO is a substantial risk and no one wants any part of it.
The Sequel - Return to Payrock
Knowing this co… probably buying CHK
I normally don't feed the trolls, but the poor timing of this, right when oil and the market is coming down, sounds exactly like something we'd do. Buy high, sell low.