Global Hunter on END. They are going to have very impressive results during the 2nd half. END is hosting our lunchen in Houston on October 16, check the calendar for details. - Dan
Endeavour International Corporation (END; $8.57; Buy; $19.50 PT) Q2 Preview: Expecting color on Bacchus and Rochelle
Production: 4.7 Mboepd.
EPS: ($0.47), CFPS: ($0.46), EBITDA: $11.7MM.
A lot of moving parts in Q2, but earnings should largely take the back seat vs. commentary on timing/results of Bacchus (we should hear a rate on the 2nd well); status of the two remaining fields still set to be acquired as part of the COP deal; and color on Rochelle will be the focal points.