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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

Comment by RollinInDoughon Feb 28, 2019 10:21pm
70 Views
Post# 29426649

RE:RE:RE:Good numbers

RE:RE:RE:Good numbersno problem, I was not meaning to be mean... just pointing out the company has said they will have half a bill of free cash flow and they base that on pretty conservative prices like $50 wti... which we ahead of... and aeco much lower than present although prent prices are not sustainable obviuosly as shoulder season approaches.

The TSE allows for a 10% open market buy on share buybacks and they are very much less than that... I think they are below 3%   10% in not gonna happen and as we know that bid is renewable each year.  I would like them to pay debt down... I think they might sell interest in their procesing plants too... more cash to pay down debt and make a nice acquistion while prices are low for other companies and there is lots of expiring land in their areas as other companies have not had the cash flow to drill over the last several years of miserable low natgas prices... expiring lands create good opportunites for a counter cyclical, buyer with cash, or low debt with credit lines.  So get that debt down this year and look for a good buy... Shell is selling as we have heard...
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