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KFG Resources Ltd. V.KFG

KFG Resources Ltd is a North American based company. It is primarily engaged in the production of crude oil and natural gas in the United States. It has developed onshore oil and gas reserves with activities concentrated in Concordia, Catahoula Parishes, Louisiana, Wilkinson Counties, Mississippi, Comanche County and, Kansas. Also, the company is focused on participating in the drilling of shallow wells in north-central Texas.


TSXV:KFG - Post by User

Comment by LuckyLadyon Feb 28, 2019 8:42pm
65 Views
Post# 29426352

RE:Earnings

RE:EarningsDid some research on the number’s , last 2 Quarter’s they made a total of 122k US or 160 K cdn ,

I am expecting lower revenue from the drop the last 2018 Q , but they might still be in the green .

March reporting timeline. 

They should be making a nice dollar today , oil has moved up big time .


I am thinking 300/350 k earning’s for the year , not bad almost 1 cent..

This Sk deal looks like a smart move , price was crazy cheap in a bad market .

Second half of the year with today’s prices and higher production , cash flow see a big bump!

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