15 Jan 2016
YOHO RESOURCES INC. (YO) ANNOUNCES FISCAL YEAR END FINANCIAL RESULTS AND PRO-FORMA RESERVES INFORMATION AS AT SEPTEMBER 30, 2015
Impact: Neutral as the results are largely irrelevant in the context of the Company's recent Duvernay disposition while 2016e guidance is in line with our thinking Yoho has reported its fiscal 4Q15 (calendar 3Q15) financial results with average production of 1,739 boe/d (32% oil and liquids) which was in line with our estimate of 1,700 boe/d (37% oil and liquids). Corresponding funds flow was slightly below our forecast at $0.6 mm or $0.01 per diluted share (FCC was $0.7 mm or $0.01 per diluted ....
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YOHO RESOURCES INC. (YO) ANNOUNCES FISCAL YEAR END FINANCIAL RESULTS AND PRO-FORMA RESERVES INFORMATION AS AT SEPTEMBER 30, 2015
Impact: Neutral as the results are largely irrelevant in the context of the Company's recent Duvernay disposition while 2016e guidance is in line with our thinking Yoho has reported its fiscal 4Q15 (calendar 3Q15) financial results with average production of 1,739 boe/d (32% oil and liquids) which was in line with our estimate of 1,700 boe/d (37% oil and liquids). Corresponding funds flow was slightly below our forecast at $0.6 mm or $0.01 per diluted share (FCC was $0.7 mm or $0.01 per diluted ....