I was more looking at their future production estimates, and since we can surmise we wont see oil at $40 again anytime soon, that bodes well for future earnings.
At CLR weve been led to believe per-bbl costs are down and of course the spot price is up and Harold remains unhedged, so we should see a nice pop. Guidance has been good elsewhere in the Bakken.
Too bad earnings wont matter as the dollar continues to dominate the oil and commodity trades