Seeking Alpha
  • Ocean Man
    2 weeks ago MTDR announced a doubling of their credit facility, a 20% decrease in avg drilling costs, & a 600% Y/Y oil production increase.
    10/27/12
    Reply (11)
    • Ocean Man: Barrels per day averged 3,300 in the 3rd quarter, but hit 4,000 by the end of the quarter and expect to go over 5,000 by year-end.
      10/27/12
    • Ocean Man: This is some serious growth, people. Plus still getting loans and reducing expenses significantly. Take a look at what happened last time
      10/27/12
    • Ocean Man: the stock dipped under $9. More info here: http://seekingalpha.com/a/daud
      10/27/12
    • Noreika: Hhmm, OM are you saying to strike now?
      10/27/12
    • Noreika: I'm all tied up in the VRNG/GOOG suit. Hopefully I can get some dry powder next week.
      10/27/12
    • sundate36: OM - the MTDR rebound was pretty swift last time but then the market was in the uptrend. It seems like there are more headwinds now so ...
      10/27/12
    • sundate36: ... the stock can just trend sideways or in a narrower range.
      10/27/12
    • caddy311: followed on this one on friday
      10/27/12
    • Hillbilly Stock Star: Don't see red flags, yet previous MTDR trade exited for loss.
      10/27/12
    • Ong Kang Wei: Long MTDR at $8.78
      10/29/12
    • milkyway760: Have a lot of faith in MTDR yet it has traded like garbage all through october, hopefully new month brings better trading!
      10/31/12