OTCPK:PTORD - Post by User
Post by
EstevanOutsideron Jan 14, 2018 1:54am
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Post# 27352314
Guesses on Spartan's Q4 earnings
Guesses on Spartan's Q4 earningsthey have been receiving at least $2-5 difference per barrel sold for LSB blend for all of Q4 since Q3 average ($48.20, now $52.20), worth no less then $5-6mm. natgas which is a small part of their operation continues to suffer. not sure how that will pan out for q4, would appreciate insight from anyone familiar with how they deal aeco natgas.
spartan has put quite a bit new production online, i see they are very active competing now with crescent point around torquay, oungre, pinto, ratcliffe area (all within an hour of me here in estevan.)
this company continues to win praise from most analysts and banks and they remain my largest holding.
overall, optimistic for q4 and even more optimistic for 2018.