spec, my estimates on 2nd quarter aren't
coming near your EPS estimate...
although they should be very good...
wag only, estimate of revenue in the
$90 to $95 million range...
1st quarter net profit was about 18%
of total revenue...
20% return on 2nd quarter would be
an estimate of about .30 per share,
more or less...
the 579,000 barrels of oil hedged at
a rough average of about $78/bbl.
are considered in the estimate,
along with a Brent rough price
average of $105/bbl. proceeds...
all estimates and only that...
Any insight on how you came up
with such a high number?...
Operating wise, not counting one
time changes for TGA, their results
were more like about .20/share EPS
in 1st quarter, 2022...
EGY had about .20 EPS in 1st quarter,
2022 as well...
TGA showed much higher EPS because
of one time changes Only...
I still like both companies after looking
more at TGA...
But if TGA votes against the deal,
then I would wish then Well...
So we watch...LJ
Gee Beav, rithmatic isn't usually this hard to read!