Painted Pony reported 2Q19 results that were well behind consensus expectations on both a production and AFFO basis. Volumes of 48,978 boe/d trailed “street” estimates by 4% while AFFO of $9.1 mm, or $0.06/sh, lagged consensus at $13.3 mm, or $0.08/sh. With more shut-ins and commodity price volatility ahead, Painted Pony is reducing its 2019 guidance to 49,000-51,000 boe/d on spending of $80-$95 mm. For scale, prior guidance was 54,000-56,000 boe/d on capex of $95-$110 mm. July vo
