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Arsenal Energy Inc T.AEI

Sector: Energy | Sub-Sector: Oil & Gas E&P

Arsenal Energy Inc is an oil and gas exploration, development and production company based in Calgary, Alberta, Canada. The Company conducts its operations in the Western Canadian Sedimentary basin in Canada and the Williston basin in the United States.
Price: $3.96 | Change: $-0.13 | %Change: -3.18%
Volume: 9,600 | Day High/Low: 4.08/3.92 | 52 Week High/Low: 9.80/3.05
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0 stars


Oh, and lest you think they can make any of it back on sales revenue, their avg price per bbl sold in q1 was $37.85 per bbl for a LOSS of $466,000.  This was including the 13.2 mill hedge gain, more
0 stars

Hedge gain about gone

They closed their hedges for a gain of $13.2 million. WTI avg spot price for Q1 was 47.47.  They had a 1500 bbl hedge for q1 at $107.50. That equates to 60.03 per bbl x 1500 bbl x 90 days. more
0 stars

RE:A TOP Idea Article from SA about debt-free HWO

As I said it is from the same SA contributor who "discovered" AEI in Seeking Alpha and increased its awareness.  HWO as an oil services company is not comparable with AEI, so my post wasn't more
1.5 stars

RE:A TOP Idea Article from SA about debt-free HWO

SPAM.  rate and reply
0 stars


To cover their hedge book at 49 a bbls looks like it was the smart thing to do.Sure the next quarters with out hedges will look bad, but buy selling off the hedge book they locked in the more
0 stars

RE:RE:RE:RE:RE:RE:What I see

I realize they are ahead right now, but every day that goes by, that gain is smaller and smaller.  Wait till the next quarterly results come out when the gain on derivatives is no longer there, more
5 stars

RE:RE:RE:RE:RE:What I see

ufoolme wrote: They do not actually deliver oil against the hedging sold, and the hedging gains (losses) are actually separate transactions.   Re-read your post, especially this part, until more
0 stars

Hard to believe Saudi's

10,000,000 bbl/d @ $60 = $600,000,000 a day   9,000,000 bbl/d @ $100=$900,000,000 a day They have a shortfall but they can deplete their foreign reserves to pay for it. It is nice of them to more
3.5 stars

A TOP Idea Article from SA about debt-free HWO

TOP Idea article about High Arctic Energy Services (HWO) which is Debt-Free, gives 5% dividend, a dividend hike is coming soon, and the company confirmed again that HWO will experience once more
0 stars

RE:RE:RE:RE:RE:Do I need to give you a lesson in hedging?

I guess you are correct WTI was already down to 45 in jan. To close the hedge book   made sense at that price. I thought oil was trading higher at that time my bad.  rate and reply
5 stars

RE:RE:RE:RE:Do I need to give you a lesson in hedging?

I disagree, they could not have timed the liquidation of their options any better. Very near the low of market and max the time value on options as well.  rate and reply
0 stars

RE:RE:RE:Do I need to give you a lesson in hedging?

Yes they closed their hedge book to early. That cost them big time.  However there is value here They are trading cheap for mostly oil. Trying to buy a few here with out much luck.  rate and reply
5 stars

RE:RE:Do I need to give you a lesson in hedging?

Shiver me timbers!!!!!!!! It is one thing to be stupid, and it is an entirely different thing to open your mouth and confirm it  rate and reply
1 star

RE:Do I need to give you a lesson in hedging?

Calculate it any way you want.  For the first quarter of 2015 ONLY, they lost $80,700 per day from the money they received from the sale of their hedge book.  And every day for the rest of 2015, more
0 stars

Do I need to give you a lesson in hedging?

If I have an option to sell 1000 bbls at $105 for three months and oil is at $49, my option is worth $56 intrinsic value and a small amount of time value. 1000 boe/d for 90 days @ $56= $5 more
0 stars

RE:RE:RE:RE:What I see

You are calculating the wrong way around.  While anything above $49 seems to be a gain, remember that the majority of the hedges sold were at $105 and $107. So when oil trades below those two more
0 stars

RE:RE:RE:What I see

I don't know about the recent hedges but they are making money on the cashed in hedges. I think it was $49 when they cashed them in and there may have been some time value left when they cashed in. more
0 stars

RE:RE:What I see

Still looks like a terrible move.  A good move only by giving them a chance to survive, otherwise a money loser.  If they averaged $55 per bbl for the 1st half of 2015, they would be out about $ more
0 stars

RE:What I see

Looks like a good move to cash those hedges in at $49. Drilling 5 Princess wells starting in July. Financials look strong with debt and receivables paid down and they expect to pay down more in more
0 stars

What I see

O & G revenue down over 50% Dividend cut by 33% Net loss of 3 cents ps for the Q Cash flow down over 75% ex hedge monetization Production down by 700 BOE from Q4 2014 exit to just over 4000boe more