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Seven Generations Energy Ltd. class A common shares T.VII

"Seven Generations Energy Ltd is an independent energy company focused on the acquisition, development, and optimization of high-quality, tight rock, natural gas resource plays. The company employs long-reach and horizontal drilling to produce resources of natural gas, condensate, and natural gas liquids. In addition to drilling operations, Seven Generations owns several gathering lines and processing facilities. The company depends on a skilled technical and business team to identify, capture,


TSX:VII - Post by User

Post by MyHoneyPoton Nov 26, 2017 2:55pm
173 Views
Post# 27033957

Edmonton Condensate (C$/bbl) 80.02 1.18 |

Edmonton Condensate (C$/bbl) 80.02 1.18 |
Thats the price on condensate, so now it is over 80 dollars a barrel, Based on 70 dollars a barrel for condensate that a 30 percent increase in condensate revenue, approximately 55 percent of their revenue came from condensate last quater. 


They a looking prat cash flow over 600 million for next quater, and last quater was not to shabby. 

The stock should start changing direction once they get a new CFO, it is bad shareholder management to tell people you current CFO is moving to strategic projects and you are looking for a new CFO. Thats pretty stupid to broadcast that to the investment community. It impact management creditabiliity. 

IMHO
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