Wednesday, August 10, 2011

Recap of Petrobakken Q2

I think they are finally ready to deliver:

Plus earlier commentary by yours truly on the same company:

1 comment:

  1. Devon,

    As always I appreciate your insight and commentary. Let us hope that PBN is able to finally get things straightened out. They seem to have the expertise, but I am afraid that the high levels of debt and overly handsome dividend may come to haunt them, especially if oil ticks down to the low side. I had high hopes for this stock, so far it is the worst performer in my port.