This company was mentioned in business edge magazine in Calgary Dec. 20th issue.
Their strategy is "...to go into a property that {has} been worked over once by a larger company,then to go back in and look for (overlooked pools of gas and oil), now that the original owner had already put an infrastructure in place"
The article also says they buy into areas already equipped with process capacity, and pipelines so cash flow is immediate.
Since the earnings of 0.31 on the TSE are "trailing 12 months" they will likely have a pretty healthy year end on Dec 31 because .I think they are 65% weighted to gas.
This might be one jr gas to put on your watch list for Q1, 2001.
deepenergyfella
Thunder Energy Inc.
Symbols:THY
Date of Listing: DECEMBER 19,1996
Fiscal Year-end: DEC 31
Address: 540 - 5th Avenue S.W. Suite 1700 Calgary, ALB
T2P 0M2 Canada Phone:(403) 294-1635
Web Address:
www.thunderenergy.com
Email Address:
thunder@thunderenergy.com
Senior Executive:
Mr. Douglas Allan Dafoe President and CEO
Time of Last Trade: 21 Dec 2000 11:51 EST
Last Traded 2.45 Net Change -0.05
Last Bid Size 4 Volume 3,700
End of Day Data Last Updated: 20 DEC 2000
Rolling 52 Week High 3.070
Rolling 52 Week Low 1.300
Quoted Market Value 69,700,568 P/E Ratio 8.060
# of Shares Outstanding 27,880,227
Earnings/Share (trailing 12 months) 0.310 |
