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Bullboard - Stock Discussion Forum Stream Oil & Gas Ltd SOGAF

Energy Oil & Gas E&P

GREY:SOGAF - Post Discussion

Stream Oil & Gas Ltd > 16 cents of earnings in 9 months
View:
Post by frankythetank on Oct 30, 2012 5:08pm

16 cents of earnings in 9 months

A couple of miss calculations that I had was i thought that they had signed on for a higher average price of oil.  Bankers is getting close to 80 dollars a barrel.  Secondly I thought they were closer too 2000 barrels a day right now.  Not really a big deal since the stock trades at 6 and half 9 month trailing  PE.

 

Tank

Comment by TheRock07 on Oct 30, 2012 7:15pm
These are very good numbers, showing steady improvement in margins and overall production. Further gains lie ahead and my forecast of $2 in 2013 is achievable, given current production profile
Comment by phillyb on Oct 31, 2012 2:20am
What happened? The news release from April 23rd shows close to 1700 bpd net production. And now we average 1300bpd? Did I miss something?>
Stream Oil & Gas Ltd