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Parallel Energy Trust T.PLT.DB


Primary Symbol: PEYTF



GREY:PEYTF - Post by User

Post by energyhubon Aug 13, 2012 3:14pm
106 Views
Post# 20212139

Q2 Results

Q2 Results

I expect that PLT's Q2 earnings will be very nice this quarter...They had a nice hedging gain (Floor of $93 when oil hit below $85 for a while), a bit of an exchange gain from US to CDN dollars,  and hopefully since they are now the sole operator of the field, there will be a lot less down time and increased production. 

 

Any other thoughts? We're justover 45 minutes away from getting them!

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