Ross Clarkson is going to be on the road next week promoting the stock. TGA is on-track to get their production up to 20,000 BOPD (all sold under contracts tied to Brent) by year-end.
> Tuesday, October 11 at the EPG Luncheon in Dallas
> Thursday, October 13 in Miami at the Canaccord Adams conference
> Friday, October 14 at the EPG Luncheon in Houston
You can register for our luncheons by going to the website and clicking on the Calendar tab. Non-Members are welcome.
TGA
Re: TGA
Per my forecast model, TGA is going to be reporting some very strong results:
Q3: $0.28 EPS and $0.44 CFPS
Q4: $0.41 EPS and $0.60 CFPS
2011: $1.02 EPS and $1.76 CFPS
2012: $2.80 EPS and $3.83 CFPS
So, TGA is now trading for just over 2X next year's Cash Flow Per Share.
Q3: $0.28 EPS and $0.44 CFPS
Q4: $0.41 EPS and $0.60 CFPS
2011: $1.02 EPS and $1.76 CFPS
2012: $2.80 EPS and $3.83 CFPS
So, TGA is now trading for just over 2X next year's Cash Flow Per Share.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group