I added more HCLP for $44.48. Turmoil continues to roll through the oil and gas sector, and weak hands get strewn about.
As the saying goes, you can’t make an omelet without scrambling a few eggs.
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Nice quote. I’m writing that one down.
How do you assess HCLP via other fracking plays? Do you have to deal with a K-1?
That was phrased stupidly due to a mixture of sloth and hurry. Let’s try again:
1. How would you assess HCLP vis-a-vis other fracking plays, such as SLCA?
2. Do you need to deal with a K-1 with HCLP?
yes on k-1.
Tough to do. What’s going to matter most in the long haul is proximity to the oil development and ability to push product to users. Logistics are going to be the most important aspect, and those are very hard to gauge.