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Bullboard - Stock Discussion Forum Journey Energy Inc T.JOY

Alternate Symbol(s):  JRNGF

Energy Oil & Gas E&P
Journey Energy Inc. is a Canada-based exploration and production company focused on conventional, oil-weighted operations in western Canada. The Company is engaged in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. Its strategy is to grow its production base by drilling on its existing core lands, implementing water flood projects... see more

TSX:JOY - Post Discussion

Journey Energy Inc > Presentation is updated
View:
Post by jleer42 on Sep 04, 2023 5:00pm

Presentation is updated

August presentation is up, not sure if I missed it before or it went up in Sep for Aug. Changes from Apr presentation are in line with the updated 2023 outlook presented in Q2 financials. I was surprised Q2 exit shares outstanding are less than Q1, 60.9 million vs 61.6 million. 2023 capital expenditures dropped from 63 to 46 million, hopefully with the current uptick in WTI that can increase again.

I am unsure why they can't get approval for the new gas plants, Gilby could get pushed out further if there isn't anything soon.

https://www.journeyenergy.ca/wp-content/uploads/Reports/Presentations/2023_Corporate_Presentation_FINAL_August_2023.pdf
Comment by rudinm on Oct 02, 2023 10:29am
Short term oil will correct..Journey look great loong term..
Journey Energy Inc