An independent oil and gas company primarily engaged in the activities of acquiring, developing, exploiting, exploring and producing oil and gas properties in the United States.
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The price of oil and gas are inelastic. A small drop in demand caused a large drop in price. The intrinsic surplus of demand over supply hasn't changed. This stock will rebound after the panic stops. People who fled the market in fear of losing money on the way down will flock back to the market for fear of missing gains on the way up.Its debt to equity ratio is tolerable.