Legacy Q2 ExpectationsRBC expects cfps .45 on 17,451 boed
Nat bank cfps .49 on 18,500 boed
TD cfps .48 on 18366 boed
Consensus cfps .45 on 17,883 boed
From PR Newswire:
Analysts are predicting earnings of seven cents a share. Some are also predicting the company will finally announce a dividend. Although management has been dangling this possibility since last year, sometimes sounding quite in favour and other times non-committal, Brickburn Asset Management president Bill Bonner thinks the company will finally announce one now that it has farmed out some non-core Cardium assets to Manitok Energy Inc. (MEI), up two cents to $2.65. Those assets are in the Quirk Creek area of Southern Alberta, near the Turner Valley property, where Legacy has been drilling some of its strongest producers and improving production over time. The Howe No. 5 well, for example, has seen a 12-fold increase in production over 13 months. Results from nearby Herriman No. 6 should arrive soon. Legacy has also been drilling in the Bakken and Spearfish plays of Saskatchewan, Manitoba and North Dakota, where it has started and is planning more waterfloods. It says its waterflood pilots are demonstrating "excellent" response.
Does anyone have CIBC and BNS expectations?
Terr