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deitcher

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deitcher

Re: jetpilot1101 post# 25394

Wednesday, 09/08/2010 9:35:53 AM

Wednesday, September 08, 2010 9:35:53 AM

Post# of 35802
I expected somebody to ask the obvious question by this time but nobody did so I will. Where did the 32 cents per share come from?

So per year this company (it's subsidiaries) pulls down more than $2.7 million per year and we are sitting at 32 cents a share.

The one installation this morning's news release refers to produced 3,062 barrels of oil. At $73.86, that represents 3.1 cents a share before deducting any costs. Did the company release earnings today that I can't see?
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