Impact: Neutral to slightly negative as the Company posted results that we view as in line to slightly behind, while restating previous capital guidance with a modestly trimmed production outlook. We would note that the Company retains a decent inventory of opportunities should a sustained crude oil recovery materialize.
10 May 2016
REPORTS 1Q16 FINANCIAL RESULTS
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REPORTS 1Q16 FINANCIAL RESULTS
Journey Energy, Inc. (JOY:TSE) | 0 0 -0.6% | Mkt Cap: 89.2m
- Published:
10 May 2016 -
Author:
Michael Hearn -
Pages:
2
Impact: Neutral to slightly negative as the Company posted results that we view as in line to slightly behind, while restating previous capital guidance with a modestly trimmed production outlook. We would note that the Company retains a decent inventory of opportunities should a sustained crude oil recovery materialize.