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Eagle Energy Inc EGRGF

Energy
Eagle Energy Inc is a Canadian company operating in the Energy Sector. The company is engaged in the acquisition, exploration, development and sale oil & gas and hydrocarbons with operations in Alberta, Canada and Texas, United States. While derives majority of its revenue from Canadian operations.


EXPM:EGRGF - Post by User

Eagle Energy Inc > Finance Expense for starters...
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Post by Khersonon Nov 30, 2017 8:28am
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Post# 27061617

Finance Expense for starters...

Finance Expense for starters...On page 8 of Eagle's 3rd quarter MD&A the finance expense has risen by 135% for the 9 months ending in September, 2017 to $5.65/BOE!
Some other sad metrics are;
Production is down 5% (p.3 of the MD&A) and they had a comprehensive loss of $5.1 million for the quarter!
Eagle simply has too much debt for the amount of production they have!
Kherson

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