Post by
bossu on Apr 24, 2023 10:56am
Next financial report ...and some positive notes
One thiing iis certain:
Shipping number in theQ1 2023 is 30 % higher than last year at Trigon Pacific Terminal
Totat tonnage 466 352 compare to 358 176
Shipping fom Ferndale is about 75 % for 349 000 tons for a total of 815 000 tons
and probably 100 000 bar/day
Last year exporting with a first quarter record of 87,967 Bbls/d of liquified petroleum gases (LPGs) to Asia.
The unknown : Hedging procedure Buying/selling
Transportation to be lower ( lower head wind)
Utilities:
The Utilities segment continues to be higher by 8 % or so
Lower operation cost (ARP) program
Exchange rate favorable
14 analysts recommandation
Yield ar the moment 4,87%
Morning stars 4
Value $ 27,88
D'ont see why result would not be higer and share price accordingly
Comment by
bttmfischer on Apr 24, 2023 11:19am
The export numbers are up as you show them, however the board appears to lack any skills when it comes to hedging profitably. At times it looks tthat hey can snatch losses out of the jaws of profit.
Comment by
GunnerG on Apr 24, 2023 5:59pm
Agree bttm. You can have all the volume you want but if the pricing is off, its all for naught.