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re: EXXI - hitting new lows everyday
Posted on 10/8/14 at 10:28 am to OnTheBrink
Posted on 10/8/14 at 10:28 am to OnTheBrink
I'm still waiting to buy. I didn't think their quick ratio was horrible, but I'm with you, it looks as if everyone knows something except the public.
1
Posted on 10/8/14 at 10:34 am to Iowa Golfer
One of their latest investor presentations refers to plans to delever through selling "non-core" GOM assets and refinancing some 9 1/4 notes. Maybe those plans aren't going so well with crude prices and junk debt doing what they've been doing.
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