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Bullboard - Stock Discussion Forum AvenEx Energy Corp AVNDF

Energy Oil & Gas E&P

GREY:AVNDF - Post Discussion

AvenEx Energy Corp > Only 2% now
View:
Post by junkhells on Feb 07, 2012 9:49am

Only 2% now

Look at the website. It suggests the company is half nat gas!
Comment by Canucklhead1 on Feb 07, 2012 10:32am
Not even sure where to begin with your post.... Do some basic analysis here. First, 35% of earnings come from the gas/butane/etc. marketing arm. Of the remaining 65% of earnings, revenue is split,  80% of it is oil , 20% gas. So 13% ish of earnings come from gas (0.2 * 0.65) = 0.13 They have about a quarter of their gas hedged at 5$ for 2012, the REST is being sold into the market at ...more  
AvenEx Energy Corp
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