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Gold/Mining/Energy : Canadian Oil & Gas Companies
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To: mike smith who wrote (6348)4/29/1999 5:48:00 PM
From: SofaSpud  Read Replies (1) of 24892
 
Mike / Gassy cos.

I don't know where you cut them off -- if they have to be more than half gas or what. If 45% of production is too low, ignore this suggestion. If not, check out Post Energy (PSN-T). Held up very well through the carnage, probably because the balance sheet stayed pretty clean. Super record on finding costs (under $4 on a proven plus half basis). CFPS increased a bit, and EPS was steady (and positive!) in '98. I understand that there is some optimism around about this year's prospects, moreso now that prices might be better. Worth a look. And yes, I have a position.

1998 results:

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