In a relatively quiet quarter of operations that saw production roll back 12% q/q, Trilogy reported 2Q15 results that were slightly behind our
expectations on both a cash flow and production basis, however generally aligned with the consensus forecast for the period. The upside of
the modest capital undertaking was that cash flow outstripped spending by just over $20 mm, which, when augmented by a non-core Kaybob
Dunvegan asset sale ($45 mm) in early 3Q15e, does provide a much needed quart ....
06 Aug 2015
Trilogy Energy Corp. (TET) Announces Second Quarter Financial and Operating Results
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Trilogy Energy Corp. (TET) Announces Second Quarter Financial and Operating Results
Treatt plc (TET:LON) | 468 -60.9 (-2.7%) | Mkt Cap: 286.8m
- Published:
06 Aug 2015 -
Author:
Cody R. Kwong -
Pages:
7
In a relatively quiet quarter of operations that saw production roll back 12% q/q, Trilogy reported 2Q15 results that were slightly behind our
expectations on both a cash flow and production basis, however generally aligned with the consensus forecast for the period. The upside of
the modest capital undertaking was that cash flow outstripped spending by just over $20 mm, which, when augmented by a non-core Kaybob
Dunvegan asset sale ($45 mm) in early 3Q15e, does provide a much needed quart ....