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BXE Q2 results out, pretty brutalProduction down almost 10% from Q1, and outlook is for no recovery for the rest of the year. Apparently that much-touted gas plant has not allowed them to increase production as investors had hoped. And with NGL prices in the tank, one has to wonder if the plant is any benefit whatsoever. Debt/cash flow remains at an unsustainable level well over 10 to 1. Those US fund investors must be pulling their hair out today. |
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Msg # | Subject | Author | Recs | Date Posted |
43898 | Re: BXE Q2 results out, pretty brutal | samsung | 2 | 8/5/2015 5:23:35 PM |