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TradingGems

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TradingGems

Re: None

Wednesday, 09/05/2018 3:27:54 PM

Wednesday, September 05, 2018 3:27:54 PM

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American Patriot Oil & Gas Limited Provides Earnings Guidance for the Year 2019
Jul 23 18
American Patriot Oil & Gas Limited provided earnings guidance for the year 2019. The company has signed two separate acquisition deals for oil and gas assets in Texas that will significantly increase the company's EBITDA for the 2019 calendar year based on company financial modelling. Estimated EBITDA is expected to increase to approximately USD 12 million per annum in 2019 (for all assets) following completion of the capex program based on an oil price of USD 70bbl.

Everything I post is only my opinion. Please do your own DD and do not make any investment and/or trading decisions based on anything I say as it is all just my opinion.

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