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TRILOGY ENERGY CORP. T.TET

"Trilogy Energy Corp is a petroleum and natural gas energy company and it acquires, develops, produces and sells natural gas, crude oil and natural gas liquids. Its petroleum and natural gas extractive operations are situated in the Province of Alberta."


TSX:TET - Post by User

Comment by Grease99on Sep 09, 2015 11:07am
59 Views
Post# 24088936

RE:RE:RE:Dow up 300 and this dives?

RE:RE:RE:Dow up 300 and this dives?POU has never turned a profit in the past 10 years. Better check your numbers. They are cash flow positive I think you mean, but that does not indicate profitability. If you cash flow $5.05/boe (POU Q2 2015) yet it took you $33.42/boe to create those reserves (2014 PDP FD&A) then you might be "cash flow positive" but you are actually losing money, about $28/boe you produce since it is COSTING YOU MORE TO BUILD THOSE RESERVES THAN YOU ARE ACTUALLY CASH FLOWING FROM THEM! THIS MEANS YOU'RE LOSING MONEY!
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