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Bullboard - Stock Discussion Forum Eagle Energy Inc EGRGF

Eagle Energy Inc is a Canadian company operating in the Energy Sector. The company is engaged in the acquisition, exploration, development and sale oil & gas and hydrocarbons with operations in Alberta, Canada and Texas, United States. While derives majority of its revenue from Canadian operations.

EXPM:EGRGF - Post Discussion

Eagle Energy Inc > Assuming...
View:
Post by gvixid on Apr 05, 2017 4:01pm

Assuming...

Oil continues to trade between $50-60 for 2017 AND Eagle guidance is accurate (i.e. they double production), does anyone have a realistic prediction on the share price by end of year?
Comment by BenderRodriguez on Apr 05, 2017 6:12pm
I thought the doubling of production was more of a 18-24 month target? The last guidance was for an average of 3800-4000 boe/day this year.  So I guess that implies all the growth occurs in 2018.
Comment by OOU812 on Apr 06, 2017 9:41am
The only thing going up this year is interest payable.Old, $2 mil /year,new $7 mil /year. What are we getting for our $5 mil more interest per year? A lot less div is right. It would have been a lot cheaper to issue a $20 mil debenture at 8.5% Debenture  interest, $1.7 mil /year or 3 X more for their insanity.
Comment by Scottie99 on Apr 13, 2017 11:23pm
This post has been removed in accordance with Community Policy
Comment by Scottie99 on Apr 17, 2017 9:30pm
This post has been removed in accordance with Community Policy