FPL's break even point is the same as others in the industry. give or take. so doesnt matter what management does it doesn't get less than 55 dollars per barrel. research!
the fact that these guys continued to operate and survive in such a low price is miracle by itself.
From now most who survived will enjoy the benefits of higher prices.
Oil moving to $100 per barrel. production is increasing to 200 barrel. do the math! mc of 6 million?
FPL Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
