Bullboard - Stock Discussion Forum Delphi Energy Corp. DPGYF

Energy

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.

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GREY:DPGYF - Post Discussion

Delphi Energy Corp. > Operations up date

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Post by SKRiderFan on Jan 17, 2018 8:00am

Operations up date

Very good news when compared to last year ,,, but an 7.4 % down ? I am going wtf.

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Comment by tickerprice on Jan 17, 2018 10:45pm

Really 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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Comment by tickerprice on Jan 25, 2018 10:46am

Still going WTF? It's that eternal optimism in you as a Rider fan! All this movement in oil prices and hence condensate prices and DEE doesn't move from $1. Too much leverage and their capital program not delivering the volume growth. Something, someone has to change!

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Delphi Energy Corp.