RE:RE:Whitecap resourcesFor most companies, if production increases by 14% in one quarter, then even if debt also increased by the same amount , the shareholders would be happy. Why ? Because equity would also have increased by 14 %. So, if Crew's debt is the same or lower we should be even more happy !! Add to that pleasure from the enormous PDP reserves that are still waiting to be completed and that is reason enough for ecstacy (the natural kind , not the drug kind )
gonatgasgo wrote: Crew is releasing earnings on Thusday May 5 after market close. It should be a very good quarter. However, let's keep in mind that they spent $56M on capex in the first quarter. At the end of December, net debt was $406M. I would be pleasantly surprised if net debt is below $390M, and disappointed if it is still above $400M.
Carjack wrote: Record first quarter profit. Tomorrow more juniors will report and Crew in 2 weeks.