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Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Bullboard Posts
Comment by Mastermind_9999on May 06, 2014 12:42am
341 Views
Post# 22527419

RE:RE:RE:RE:RE:Finally Some Good News!!

RE:RE:RE:RE:RE:Finally Some Good News!!EPS is generally an irrelevant stat for many Oil and Gas producers.  There are too many non-cash items, FX gains and losses, and commodity price related adjustments that make the number almost meaningless.

Cashflow is the better metric to use IMO (and any oil and gas analyst you ask).
Bullboard Posts