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Perpetual Energy Inc T.PMT

Alternate Symbol(s):  PMGYF

Perpetual Energy Inc. is a Canada-based oil and natural gas exploration, production and marketing company. The Company owns a diversified asset portfolio, including liquids-rich conventional natural gas assets in the deep basin of West Central Alberta, and undeveloped bitumen leases in Northern Alberta. The Company also has a portfolio of oil sands leases which have bitumen resource potential.


TSX:PMT - Post by User

Bullboard Posts
Comment by SandHeadson Nov 11, 2015 3:49pm
40 Views
Post# 24282389

RE:RE:$67,130,000 loss?

RE:RE:$67,130,000 loss?It's a real loss Shambano. Q4 will be the same with added tax loss selling of PMT shares. All this loss comes out of share holders equity.  They had negative cash flow. Will Q4 be negative cash flow too? I think there will be way better opportunity to buy lower albeit with a very high risk of losing all your money should gas price stay stagnent into the next shoulder season. TOU is probably a better buy todat then is PMT, Pou and TET, as they made $28 million in Q3.  Both POU and TET have their own financial problems as well as they took on a lot of debt before the gas price crash. It's a depression in the oil and gas patch right now. The other thing is the traders go to TOU before they go to other natural gas companies. So if there is a bounce TOU will bounce first imho.
Bullboard Posts