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Title : Filloon On AXAS -- May 8, 2017
link : Filloon On AXAS -- May 8, 2017

Filloon On AXAS -- May 8, 2017

Over at SeekingAlpha:

• AXAS continues to improve well design, which continues to improve oil production from ND wells
• AXAS is outperforming adjacent Bakken operators in McKenzie County
• Its recent pullback seems overdone, and driving season could be a significant catalyst in the short term
• AXAS has additional upside from its Ward County acreage in the Delaware Basin, and de-risking could prove significantly beneficial to valuations

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