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MR - Montage Resources: Too Many Buffalo At The Same Waterhole
Montage Resources Corporation
One of the problems with any commodity industry is that too many companies often have the same solution to a common problem. In the process of solving one problem, they create another problem. Too many buffaloes are heading in the same direction. Montage Resources (MR) appears to be part of the herd. It may have been in the lead to get more liquids. But that solution has way too many participants right now to solve individual company problems.
Usually, the solution is to have the lowest costs and highest revenue to weather the oncoming commodity