(HK) Nice Beat. Major operational quarter. Kicked butt with the drill bit. Reported $0.17 versus $0.15E; More importantly reported $0.86 CFPS which is pretty massive for 1 quarter on a $15 stock if you think about it given the their high production growth rate and low cost structure. Revenue $234mm actual vs $228 expected; Production: […]
Bernanke Watch: Ben, Ben, Ben. Damned if you do nothing. Damned if you …do nothing. What does this guy do? “Sources” say the Fed is “organizing liquidity behind the scenes through channels”. From their statement yesterday you’d think a credit crunch was pretty far down the ladder of priorities: inflation, looking attentive on camera, speaking […]
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