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Bullboard - Stock Discussion Forum TRILOGY ENERGY CORP. T.TET

"Trilogy Energy Corp is a petroleum and natural gas energy company and it acquires, develops, produces and sells natural gas, crude oil and natural gas liquids. Its petroleum and natural gas extractive operations are situated in the Province of Alberta."

TSX:TET - Post Discussion

TRILOGY ENERGY CORP. > Miss on EPS
View:
Post by Piperdown on Aug 05, 2015 8:10pm

Miss on EPS

Actual was -$.28 and estimate was for -$.19. This might have been leaked as the sp was down massive today before the earnings report after the close.
Comment by Danny111 on Aug 05, 2015 8:53pm
Obviously the earnings are bad, but does that really come as a surprise to anyone? This stock has gone from 31 to 3 and change. I think there should really be a floor because the underlying assets do have value. Positives from the release are a reduction in net debt and operating costs. The 28 cent loss was pre tax, Net loss was 21 cents which is more in line with the estimate.
Comment by smarttrader2015 on Aug 05, 2015 9:02pm
Well you guys missed the following: - signed a contract to sell 3000 barrel per day for 78 CAD dollar. Check full report. - They are reducing production in order to reduce losses. - salaries have been reduced significantly. - they will be using TransCanada. you guys are missing lots and Ridell is buying our stock for cheap and  you guys will buy it from him for at least 10$ per share next ...more  
Comment by smarttrader2015 on Aug 05, 2015 9:14pm
Commodity Contracts Term 2016 - 3000 Bbld/d for 77.18 CAD. They are selling it actually for 63.25$. This is an increase of 22%. So keep the stock until next year and you will make 100% profits.
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