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DNR
Posted: Fri Aug 18, 2017 3:01 pm
by setliff
dan, do you happen to know why its trading down when nearly all e&p are up? there has been no news that i can find.
Re: DNR
Posted: Fri Aug 18, 2017 5:19 pm
by dan_s
I no longer follow DNR but I will take a look tomorrow. EOR projects have high operating expenses, so low oil prices hurt them more than most upstream companies.
Re: DNR
Posted: Sun Aug 20, 2017 3:00 pm
by setliff
well, they did announce a 15% payroll cut last week, but i thought that would help stock price.
Re: DNR
Posted: Sun Aug 20, 2017 4:21 pm
by k1f
You may know Long Player's analysis of DNR's situation on Seeking Alpha:
https://seekingalpha.com/article/405570 ... ny-walking
The analysis faults interest burden + sleepy mgt for DNR's vulnerability to Ch 11.