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Novus Energy Inc NOVUF

Energy Oil & Gas E&P


GREY:NOVUF - Post by User

Novus Energy Inc > From TD Waterhouse - NVS
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Comment by Joyce1952on Apr 17, 2012 4:49pm
308 Views
Post# 19804567

RE: RE: From TD Waterhouse - NVS

RE: RE: From TD Waterhouse - NVS

I think a lot depends on the price of the commodity itself, namely, oil, which is staying up there due to inflation.  I have the following from the company mid-March regarding the lower price for Texas crude than overseas:

Hi Joyce.  We’ve noticed we’ve been getting about $3 per barrel less than we used to for our oil, but all things considered, prices remain exceptionally high.  We’re no experts in this field, but we aren’t worried about this issue.

Julian

I have also seen a similar post on this board regarding analyst price estimates.  It has a high estimate of $2.00 and a low estimate of $1.45 per share, and the company is rated 75th out of 169 in company comparisons. 

 

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