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Parallel Energy Trust T.PLT.DB


Primary Symbol: PEYTF

Energy Oil & Gas E&P


GREY:PEYTF - Post by User

Parallel Energy Trust
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Post by bakken13on Oct 03, 2012 1:26pm
83 Views
Post# 20443320

3rd quarter production curtailment

3rd quarter production curtailment

Production for Q3 is going to be way down due to the previously announced prodcution curtailment. That will only make a bad situation much worse, and their POR for the quarter could be very, very bad. I don't see how the market is going to take that well, and a dividend cut could be announced at the same time as Q3 results.

So why would anyone buy before those results are announced?

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Dealroom for high-potential pre-IPO opportunities