what is going on with CPE

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bobs
Posts: 221
Joined: Mon Apr 26, 2010 2:32 pm

what is going on with CPE

Post by bobs »

any thoughts?
No news!
dan_s
Posts: 37325
Joined: Fri Apr 23, 2010 8:22 am

Re: what is going on with CPE

Post by dan_s »

CPE and all of the upstream companies are down because of the pullback in oil prices. CPE also has the confusion related to the merger with Carrizo to deal with. The year-end reserve report and 2020 guidance should help.

My Pro Forma Net Income and Cash Flow forecast for CPE can be found under the Sweet 16 tab on our website.

CPE should generate over $1.00 EPS and over $3.00 operating cash flow per share in 2020.
Dan Steffens
Energy Prospectus Group
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