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Bullboard - Stock Discussion Forum Delphi Energy Corp. DPGYF

Delphi Energy Corp is a mining company. It is engaged in the acquisition for an exploration, development, and production of crude oil, natural gas and natural gas liquids in Western Canada. The company's core area is uniquely positioned in the Deep Basin of Bigstone in northwest Alberta.

GREY:DPGYF - Post Discussion

Delphi Energy Corp. > IMO too expensive spec stock with HUGE debt
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Post by Singoa58 on Apr 02, 2019 12:04pm

IMO too expensive spec stock with HUGE debt

Id buy in the 5-10 cent range which i think you will see soon  GLTA
Comment by RichyRich$ on Apr 02, 2019 12:43pm
Their debt is actually not bad. Only 3:1 Debt to Operating Cash Flow. Pretty well all Canadian Oil n Gas companies have debt. Birchcliff which is opposed to be a safe play is 2:1 Debt to OCF. Which is not much better... but little upside potential like this. And better buyout potential with around LNG Pipelines. DEE has good key statistics. Like the P/E, P/S, P/B, EV/EBITDA. Check the stats on ...more  
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