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NAL Energy Corporation T.NAE



TSX:NAE - Post by User

Comment by Al42on Dec 17, 2011 4:12pm
449 Views
Post# 19332051

RE: RE: RE: BNN

RE: RE: RE: BNN And I think I would have to believe what management has said in their last corporate presentation back in November.https://www.nalenergy.com/files/Corporate_Presentation_November_2011_4.pdf •Increasing demand for yield•Dividend payout model fits the WCSB asset base•Payout ratio 40 – 50% of cash flowQ3/11Q2/11% ChangeProduction (boe/d)28,75226,7587.5Funds from operations ($MM)164.860.47.3Funds from operations ($/share)0.440.417.3Capital expenditures ($MM)86.936.1141Revenue ($/boe)249.3053.12-7.2Operating Netback ($/boe)328.6432.39-11.6Q3 payout ratio was 47.5% with the wet spring shut inn's still affecting the numbers and I think there was a fire somewhere where they had to shut down a well or 2 for a few weeks. We shhould know more in a few weeks... Guidance to be announced mid-January 2012
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