Post by
retiredcf on Nov 20, 2022 8:26am
Another View on Results
Results look good, with EPS of 14c beating estimates of 10c. Revenue of $76.5M beat $68.6M. EBITDA of $210M beat estimates of $65.8M. Income rose 21%, cash is $207M. AOI continues to aggressively buy back shares. Assets rose 15%, production guidance was maintained. This was a solid quarter and the stock remains very cheap and the company is financially strong. (5iResearch)
Comment by
firstworld on Nov 20, 2022 5:02pm
Nice Summary. Europe oil storage is full of RU oil in advance of no further RU oil buys, except from Jewlish middle men, so this could be flat for a few months now pending various drilling results.
Comment by
DAGUY on Nov 21, 2022 10:43am
I thought the quarter was good... Hoping for some good news on Kenya sooner rather that later...