SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Oil & Gas Exploration & Production Co.'s -- Ignore unavailable to you. Want to Upgrade?


To: Ed Ajootian who wrote (55)4/23/2003 11:12:33 AM
From: DELT1970  Respond to of 112
 
The EPL debt to cap must be down around 30% now. Their hedge position is excellent (only 26%) to take advantage of current and forward pricing. I like the story they'll tell, though I hate to speak right before lunch <ggg>.



To: Ed Ajootian who wrote (55)4/25/2003 1:24:41 PM
From: DELT1970  Respond to of 112
 
Coverage was initiated on EPL today by Friedman, Billings, Ramsey with an Outperfom rating and a price target of $11.80.



To: Ed Ajootian who wrote (55)5/5/2003 2:54:23 PM
From: DELT1970  Read Replies (1) | Respond to of 112
 
I hope FBR issues their report tomorrow. They were a questioner on the call today. The EPS was on target today, but CFPS was 8 cents below consensus and may account for the small selloff. I've picked up more shares on the comment they'll pay down another $15M debt in Q2. The earnings guidance, hedging position and latest slides are on the website and are very encouraging.