The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
TGL: A Good Year, But 2010 Looking Better
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J. FREDERICK KOZAK, Canaccord Genuity
(03/12/2010)
"On March 11, TransGlobe Energy released its 2009 full-year financial and operational results. The company performed as expected, but results early in 2010 point to a prospective year of growth potential. The results for 2009 were in line with expectations as the company was very good at keeping the market up to date on operations. So far in 2010, positive results from the first fracture stimulation on the Arta Field in Egypt potentially set up additional recompletion candidates and the first exploration success in the Western Desert also provides a potential new development project. . . .Like clockwork, TransGlobe has again provided shareholders with year-over-year production growth. Average production in 2009 grew 29% over 2008, slightly less than the 10-year compound annual growth rate of 52%, but material considering the company's capital expenditures in 2009 were 30% less in 2009 than in 2008." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
"FCU's deal with CGN helps to financially and technically derisk PLS." (12/21/15) Fission Uranium Corp. - David Talbot, More >
"NXE is our top pick across all commodities." (12/22/15) NexGen Energy Ltd. - The Energy Report Interview with Rob Chang More >
"FCU will continue to explore and add pounds to what is already a world-class project." (12/22/15) Fission Uranium Corp. - The Energy Report Interview with Rob Chang More >
"EFR is well positioned to benefit from higher uranium prices." (12/22/15) Energy Fuels Inc. - The Energy Report Interview with Rob Chang More >
"FCU intends to sell $82M or 19.9% of the company to CGN Mining." (12/22/15) Fission Uranium Corp. - Jeb Handwerger, Gold Stock Trades More >