$COG: Valuations of E&Ps have to decline further in order to attract capital flow from generalist investors | Dec 2019

$COG: a thread Thinking about how generalist money/value investors would be attracted to the E&P space and capital will flow, it has to be led by higher-quality E&Ps (an oxymoron?) that can demonstrate true profitability at current lower prices. 1/ — Stacked Pay Opportunity (@MgmtPromote) December 10, 2019