RE:SU Q3 Report Before Market Opens Nov. 9Forgot to mention my EPS forcast for Q3For the one or two poster who care LOL
"Net Q2 earnings were $1.44 per share and adjusted earning were $0.96 per share."
Mid Q3, Yahoo was posting adjusted EPS forcast of $1.19 based on 8 analysts.
At that time, i said it did not make any sense based on were my spread and added profits based on WTI were.
Today, Yahoo is showing EPS of $1.30 and for me, it still does make any senses.
SU operating profits will be at least $1.40 if not more
Not long to wat to see if i will have eggs all over my face or if this free
information from Yahoo is worth what i pay for.
P.S. For now AECO nat gas is still below $2.75 CDN.
Last week,E.Nuttall was saying that
the EACO strip price for 2024 was in the $3 ish(i don't remember the exact number).
CDN gas is cheaper then the Henry hub price.
i was not able to find the AECO strip prices.
Also the weakness of our looney is another+ for CDN producers.
Beside the Commerce refinery most of SU costs are in CDN$ while they a good portion of their revenus based in US$