Lycos Energy Inc LCXEF

Stockchase Insights

[retiredcf]

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Lycos Energy(LCX-X)

26/08/2024

 

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

Bloomberg was not showing any quarterly estimates here. Revenue more than doubled to $35.6M. Per share cash flow nearly doubled, to 33c from 17c. Capex rose 79% to $21.2M. Production rose 60% and things are proceeding very well on the operational front. An active drilling program is planned for the second half of the year. The balance sheet is strong and solid growth is expected over the next two years. Things look fine here to us.

 

Energy

$3.180

[TheRexmember]

I think people are getting too used to extremely high performance here.  per share cash flow doubled  production up 60% wells are paying back in 4-6 months  One 3.5 section unit alone produces 1000 boe/d  water flood starting shortly  a further 20-25% growth projected by year end costs down 7% Tier 1 well inventory is vastly understated using their