TruffelPig What is up with BAS? Earnings did not look bad at all. 15% down since then?
4/20/12
Reply
(6)
•!Report Abuse
View all 6 replies
losbronces: They are heavily involved in on-shore nat gas drilling. I suspect people are looking at the downturn in ng prices & reductions in drilling.
4/20/12
•!Report Abuse
TruffelPig: At $13 it looks pretty cheap.....but who knows, it might even get cheaper.
4/20/12
•!Report Abuse
losbronces: I thought ERF was cheap @ $22...now it wants to go below $18.
4/20/12
•!Report Abuse
TruffelPig: Me too. I was so happy to get 100 shares under $23 -lol. But ERF pays a hughe dividend, BAS not
4/20/12
•!Report Abuse
losbronces: The drop in ERF price is due to speculation that the divi will be cut imo, again due to nat gas prices.
4/20/12
•!Report Abuse
Tom in Texas: Using ERF "funds flow" sensitivity #s, from Q4 2011 to Q1 2012, oil = +0.23/sh & ng = -0.303/sh for a net of -0.073/share.
