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Delphi Energy Corp. DPGYF

Delphi Energy Corp is a mining company. It is engaged in the acquisition for an exploration, development, and production of crude oil, natural gas and natural gas liquids in Western Canada. The company's core area is uniquely positioned in the Deep Basin of Bigstone in northwest Alberta.


GREY:DPGYF - Post by User

Comment by tickerpriceon Jan 17, 2018 10:45pm
203 Views
Post# 27382720

RE:Operations up date

RE:Operations up dateReally good news!! Are you f....n kidding me! DEE spent $40 million in Q4 and yet Q4 production was lower at 9,200 boe/d than Q3 at 9,313 boe/d. Debt creeping up again to $132 million on cash flow of $37 million; 3.6 debt to cash flow ratio. This team is always red lining its debt levels. Any drop in commodity prices and this stock will be below $1.00 again.
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