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LONE - Lonestar Resources: There's Better Out There
Lonestar Resources US Inc Com
Things are not looking particularly positive for Lonestar Resources (LONE) and its shareholders. The recent plunge in energy prices materially affected the firm, and while cuts by management will help to alleviate some of its concerns, there is still a lot of risk with this prospect. Investors shouldn’t necessarily abandon Lonestar at this point though. At the end of the day, what matters is how quickly oil and gas prices move up from here. With some patience from lenders, the firm might be able to weather the storm, but even if Lonestar does