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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Steve Felix who wrote (61985)5/15/2019 3:43:17 PM
From: bruwin  Read Replies (1) | Respond to of 78615
 
Would be interesting to know what that -$63 million Expense was all about ? Caused the company to lose money overall in the Quarter.
But apart from that its top line Revenue is down from last year by about 20%.
Seems to have a fair amount of Debt Expense reducing its Op. Income by about 28% to the "banks".



But a fairly large negative factor is the fact that this share is Very Thinly traded, AND it's in a downtrend ......




To: Steve Felix who wrote (61985)5/15/2019 3:45:14 PM
From: Paul Senior  Respond to of 78615
 
Permian player LPI. It could be a value stock (or not). Has acreage and a new management. I've several small players in these shale plays. Almost all, if not all, say they've found religion and will live within their means (reduce debt, spend within cash flow, etc.).



To: Steve Felix who wrote (61985)5/17/2019 2:17:01 PM
From: Paul Senior  Respond to of 78615
 
LPI. I'll go for a tracking, few share position. It's in the Permian. I have a couple of these small caps in the Eagle Ford that have some of the same characteristics as LPI. With my basket, I'll expect winners to outweigh losers, eventually, maybe.