EnerjeX

davidc257 · Post by **davidc257** » Mon Aug 17, 2015 6:21 pm

Hi

How do you evaluate the earnings report from ENRJ today? does it indicate they will survive? Do you think it is a buy, sell, or hold? Thanks for any input.

Cheers,

David

dan_s · Post by **dan_s** » Mon Aug 17, 2015 9:55 pm

Robert is a great guy. He is working his butt off to survive. I give him credit for that. However, when the hedges expire in December this puppy has problems if oil is not back to $60. ENRJ is high risk.

davidc257 · Post by **davidc257** » Tue Aug 18, 2015 1:39 am

Thank you.

davidc257 · Post by **davidc257** » Thu Nov 05, 2015 12:59 pm

ENRJ.PR suspended its dividend 11/4/15. Down over 25% today. I am assuming it won't survive - but still holding.

dan_s · Post by **dan_s** » Thu Nov 05, 2015 1:47 pm

If WTI moves back over $60/bbl he should be able to survive, but they will need to cut expenses to the bone to do it.

BTW they do call it "Preferred" stock for a reason.

dan_s · Post by **dan_s** » Sat Nov 28, 2015 3:18 pm

You actually believe ALL upstream company preferred stocks are worthless or do you mean just these three?

Energy Prospectus

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