Philip Dodge
Philip Dodge
decline despite gas generally natural north people positive prices
Despite the decline in North American natural gas prices during the quarter, people generally are more positive about the medium-term outlook.
bombshell built fairly happening management script serious situation
I'm surprised, but the script that built up to Friday's bombshell was fairly logical. The things that were happening indicated a more serious situation than management suggested.
numbers surprised
One of these numbers is going to be a peak. I don't think it's $520,000 (the BP deal), but I'd be surprised if it was over $700,000.
ahead attractive certainty earnings estimates greater next stock year
We need to see greater predictability and certainty before the stock would look attractive again. I think earnings estimates are going to come down substantially this year and probably next year if, in fact, they go ahead with the de-mothballing of two rigs.