Third quarter production of 22,510 boe/d (43% liquids) was in line with GMPFE estimate of 22,517 boe/d (44% liquids) and street estimates of 22,630 boe/d. The company had given quarterly guidance in its September slide deck so production levels were effectively prereleased. This was up 9% QoQ as 2Q production had been impacted by multiple factors such as weather and pipeline outages. Cash flow in the quarter of $23.0 mm ($0.13/shr dil.) was slightly ahead of GMPFE estimate of $19.5 mm ($0
09 Nov 2017
3Q17 results; 2018 growth focused budget
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3Q17 results; 2018 growth focused budget
Kelt Exploration Ltd. (KEL:TSE) | 0 0 -0.4% | Mkt Cap: 1,279m
- Published:
09 Nov 2017 -
Author:
Stacey E. McDonald -
Pages:
8
Third quarter production of 22,510 boe/d (43% liquids) was in line with GMPFE estimate of 22,517 boe/d (44% liquids) and street estimates of 22,630 boe/d. The company had given quarterly guidance in its September slide deck so production levels were effectively prereleased. This was up 9% QoQ as 2Q production had been impacted by multiple factors such as weather and pipeline outages. Cash flow in the quarter of $23.0 mm ($0.13/shr dil.) was slightly ahead of GMPFE estimate of $19.5 mm ($0