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Message
re: EXXI - hitting new lows everyday
Posted on 10/2/14 at 11:07 am to poule deau
Posted on 10/2/14 at 11:07 am to poule deau
quote:
poule deau
Makes sense.
1
Posted on 10/2/14 at 11:36 am to OnTheBrink
It's going to continue to get pounded. They are going forward paying down debt rather than increasing capex. Actually they decreased capex.
Decrease in capex is a knife for exploration companies share prices.
Also there was production release in their mid range of projections due to some technical oil equipment stuff.
Anyway, I'm going to wait a while and buy more.
Decrease in capex is a knife for exploration companies share prices.
Also there was production release in their mid range of projections due to some technical oil equipment stuff.
Anyway, I'm going to wait a while and buy more.
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