BlackPearl reported second quarter financial and operating results that were well ahead of our forecast and consensus, demonstrative of an ability to achieve success on the principal factor we are focused on – lower costs. While the market will likely remain observant until confirmation of a sustained crude oil price recovery or fundamental change in the ability to accelerate its growth prospects by alleviating a capital constrained position, we remain constructive on the stock and woul
10 Aug 2016
Reports Very Strong Second Quarter Results
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Reports Very Strong Second Quarter Results
BlackPearl Resources (PXX:TSE) | 0 0 -1.7% | Mkt Cap: 380.0m
- Published:
10 Aug 2016 -
Author:
Robert Fitzmartyn -
Pages:
7
BlackPearl reported second quarter financial and operating results that were well ahead of our forecast and consensus, demonstrative of an ability to achieve success on the principal factor we are focused on – lower costs. While the market will likely remain observant until confirmation of a sustained crude oil price recovery or fundamental change in the ability to accelerate its growth prospects by alleviating a capital constrained position, we remain constructive on the stock and woul