Strong Buy
The sky is not falling
At 15K boepd, TGA is a tiny nonentity in the E&P universe of the oil market. It has no ability to control prices, know in advance where to find crude oil, or if it can find a buyer if it finds oil in profitable amounts. It does have a strong balance sheet to weather this storm of recessionary world economy and the current pandemic. Future oil prices are on the rise. The pandemic will gradually end. It just takes time. I hope I live long enough to make a second profitable sale of my TGA stock if we crack the 20K beopd level and oil gets back to $50/bbl.