posted May 03, 2022 07:51 pm by BraddockTrail
(4)
Egg on my estimate. Operating earnings went from $26 million to $40. So far so good. But now to hedging losses. $2 million in 4Q21 to $32 in 1Q22. Horrible. EGY should learn about hedges from Cenovus
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posted April 17, 2022 09:26 pm by BraddockTrail
(4)
Upon further investigation EGY paid a negative income tax probably due to tax loss carryforwards. If it assumed that EGY would pay a 10% tax on an ongoing basis the EPS would be .36 rather than .58
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posted April 09, 2022 08:38 pm by BraddockTrail
(4)
EPS 4Q21 was .58. Since then WTI has gone from about 80 to 95. Production is estimated to have increased from 7100 bopd to 8100. Proportionally EPS ought to be about .79 in 1Q22. Pending fixed and
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