Arrow Explor. Share Price (AXL)

From no opinion to sell within 2 mins 🤔

I assume you are just generalising about oil stocks and you have no clue about Arrows prospects.

Been poor showing share price wise over last 6 months

Oil prices slumped lot money come out of these stocks

From a first look at these noted from the last update that 1. they were sensibly cautious with current conditions and 2. its quite possible from their words they may announce a purchase with the upcoming results. Presume there'll be enough distressed assets around by now thanks to tariffs/oil decline etc?

Take it this would be welcomed so long as it was company enhancing?

Nothing major. A temporary stalling of production growth due to slower drilling activity over the last few months (no horizontals being drilled) has led to a bit of a decline in production rates from the high flush production of the prolific horizontal drills the company were doing (and are back to doing some of now) - combine that with the fall in oil price and someone(s) have been selling.

In that period they have however more than replaced produced reserves and increased cash in bank. We're expecting a return to production growth with some higher impact drilling towards the end of this quarter - hopefully that restores confidence in 2025 forecasts. Remains v cheap imo.