Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Bullboard Posts
Comment by PeterWrighton Apr 17, 2016 8:39am
96 Views
Post# 24776040

RE:Netbacks for LTS?

RE:Netbacks for LTS?netbacks, I would go to each companies website, research the companies netbacks, debt and forward cashflow. Some of the companies on your list will have had survived on hedging last year, so you'll have to factor in forward hedges to determine the survival probability. 
WCP, TOG and VET are my favorites on your list.  PGF is tempting....You were smart to sell LTS. LTS could be a consideration once we find out next week how their credit will look and if oil gets above $50 quickly, otherwise buy some WCP or VET and sleep at night.
Bullboard Posts