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Great Prairie Energy Services Inc. V.GPE



TSXV:GPE - Post by User

Post by Jovicaon Dec 04, 2014 2:32pm
195 Views
Post# 23196189

Look out below

Look out belowWhen someone is paid to publicly promote a play on a national newspaper, the secret share dumpsters are in full swing to get rid of their big holdings. Globe says Great Prairie Energy maintained at "buy" 2014-11-28 06:40 ET - In the News The Globe and Mail reports in its Friday, Nov. 28, edition that Canaccord Genuity analyst John Bereznicki notes that Great Prairie Energy Services (22 cents) lived up to analyst expectations for earnings, but remains susceptible to energy sector volatility. The Globe's Darcy Keith, Tim Shufelt and Jody White write in the Eye On Equities column that the small-cap energy services company reported third quarter earnings that matched consolidated forecasts for earnings before interest, taxes, depreciation and amortization, despite disappointing results in the company's recently acquired hydraulic fracturing fluid business. Mr. Bereznicki says, "To reflect a more uncertain fundamental environment and higher depreciation charges, we are lowering our 2015 earnings-per-share outlook." Mr. Bereznicki downgraded his target price on Great Prairie's stock to 50 cents from 60 cents. Mr. Bereznicki continues to hold firm on his "buy" rating. © 2014 Canjex Publishing Ltd. All rights reserved.
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