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

Energy Oil & Gas E&P

"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."

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TRILOGY ENERGY CORP. > Shorting tet

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Post by Raymondjames on Apr 08, 2017 5:06pm

Shorting tet

Tet has approximately 600m in debt. They own 4 gas plants and other infrastructure that can be sold for 400 to 500 million. Another sources of funds can come from the sale of non-core assets for 100 million or so. Then there is a potential jv with a major operating in the monteny.

At these commodity prices, tet may be able to fund growth through cash flow.

I cant stop anyone from shorting tet. It benefits the long positions as the swing up can be quite drastic. Tet will get into the $5s if the API and eia reports show a draw. Good luck.

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