Production of 20,949 boe/d (87% liquids) was reasonably in line with both GMPFE and consensus estimates of 21,522 boe/d and 21,280 boe/d, respectively. Funds flow of ~$27.1 mm was shy, albeit in a minor fashion, of both GMPFE and consensus expectations of ~$28.7 mm and ~$30 mm, respectively.
02 Nov 2018
3Q18 results modestly behind, bumpy 4Q18e expected before turnaround in 2019e
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3Q18 results modestly behind, bumpy 4Q18e expected before turnaround in 2019e
Cardinal Energy Ltd. (CJ:TSE) | 0 0 (-2.2%) | Mkt Cap: 471.3m
- Published:
02 Nov 2018 -
Author:
Cody R. Kwong -
Pages:
6
Production of 20,949 boe/d (87% liquids) was reasonably in line with both GMPFE and consensus estimates of 21,522 boe/d and 21,280 boe/d, respectively. Funds flow of ~$27.1 mm was shy, albeit in a minor fashion, of both GMPFE and consensus expectations of ~$28.7 mm and ~$30 mm, respectively.