GREY:WFREF - Post by User
Post by
OneStaron Apr 30, 2015 9:11am
216 Views
Post# 23679762
Grading mangement based on their metrics!
Grading mangement based on their metrics! From the LRE website:
Strategy
- Focus on operational efficiency and capital discipline ( (+) for operational efficience and (-) for capital discipline)
- Maintain a reasonable balance sheet (-)
- Provide growth through development of tight oil and natural gas, strategic acquisitions, enhanced oil recovery, and additional high-graded projects (+)
- Provide shareholders with sustainable yield plus growth (-)
Three negatives and two positives on execution.
On the home page you have the following statement:
Long Run Exploration is a Calgary-based intermediate oil and natural gas company focused on light oil development and exploration in western Canada. The company is guided by a strong management team with a proven track record of delivering organic growth; growth through acquisition and optimization; and implementing new technology in resource plays and enhanced recovery.
They have proven this to be correct, but it would be nice if they could add:
The management is focused on building shareholder value!