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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 > Finance Expense for starters...
View:
Post by Kherson on Nov 30, 2017 8:28am

Finance Expense for starters...

On page 8 of Eagle's 3rd quarter MD&A the finance expense has risen by 135% for the 9 months ending in September, 2017 to $5.65/BOE!
Some other sad metrics are;
Production is down 5% (p.3 of the MD&A) and they had a comprehensive loss of $5.1 million for the quarter!
Eagle simply has too much debt for the amount of production they have!
Kherson

Comment by wesrondave on Nov 30, 2017 8:54am
This post has been removed in accordance with Community Policy
Comment by ShootThePipe on Dec 01, 2017 9:04pm
Kherson why don't you short the stock , so I can buy some more cheap! I think your a goof to be honest
Comment by Kherson on Dec 02, 2017 8:20am
I am not preventing you from buying this stock! Personally, I think you should buy even more... lol...
Comment by rickgreenwho on Dec 02, 2017 10:49am
This post has been removed in accordance with Community Policy
Comment by Kherson on Dec 10, 2017 5:33pm
I think that this week will be an excellent time for you to buy! Kherson
Comment by slatefranko on Dec 10, 2017 8:43pm
This post has been removed in accordance with Community Policy
Comment by gennext2 on Dec 20, 2017 8:45am
This post has been removed in accordance with Community Policy