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S&P 500
5,648.40
(
1.01%
)
US TECH 100
19,050.40
(
1.19%
)
Dow Jones
41,563.08
(
0.55%
)
Brent Oil
77.00
(
0.00%
)
Bitcoin
58,450.00
(
-0.88%
)
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abh3vt

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abh3vt

Re: wadegarret post# 14952

Tuesday, 06/28/2005 11:31:07 AM

Tuesday, June 28, 2005 11:31:07 AM

Post# of 173904
Wade, my guess is that EGY's Q2 earnings will be sequentially lower than Q1's fd eps of 0.12....perhaps as low as 0.06-0.07. That would also be lower vs the y/y comp in Q2 04.

Why will revs be lower? Liftings done in the quarter from their current Etame field are progressing more slowly than in Q1.

Without a production update from the Etame 6H field, there aren't any strong catalysts out there right now to push the stock higher.

Oil also falling back today...
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