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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: $3.29 | Change: $-0.01 | %Change: -0.30%
Volume: 6,354 | Day High/Low: 3.35/3.28 | 52 Week High/Low: 9.80/3.05
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0 stars

Problems persist

More evidence of problems for Arsenal. The NCIB they put in place last year has expired, and they appear to have repurchased few if any shares, even at today's very low price. Cash flow likely the...read more
1 star

Interesting action

The company purchased in February a crude oil swap for 500 bbl per day, from Oct 1 to Dec 31 2015, at $60.80,  They held this same swap and it was part of the sale in January, with the price being 89...read more
1.5 stars

North Dakota Bakken

The price that North Dakota bakken producers receive is now probably under $30. Pretty hard to make a buck at that level unless one is in the sweetest of sweet spots. AEI is not.  rate and reply
3 stars

RE:RE:Cash flow gone

Not much more than $3.10 per share if it happened right now.  Less the longer it takes as long as oil is below $55 or so.  rate and reply
1 star

RE:Cash flow gone

Any guess on buyout price??  rate and reply
3 stars

RE:3.38

Just don't be too hasty.  you will be buying it from the bank soon with a 2 handle.  rate and reply
1.5 stars

RE:Now lets talk hedges

It was insane for them to cash out their hedges. What were they thinking?  rate and reply
0 stars

3.38

is pretty low and a good time to add here as we have to be close to a bottom and oil is oversold big time. We are better then the price shown  rate and reply
0 stars

Cash flow gone

Further review of this appears to show that with oil trading below about $52 per, they will not be able to continue their capex AND pay the small dividend.  So by the middle of April if oil does not...read more
1 star

RE:RE:Results out

No, I wouldn't go quite that far.  Remember, these results include only the month of December where oil prices had dropped significantly.  And the results still had hedges in place.  These are now...read more
5 stars

RE:Results out

Great results!  rate and reply
0 stars

Results out

Here are the 2014 results, out early.  Still analyzing http://www.arsenalenergy.com/march-10-2015  rate and reply
1 star

Searching for a bottom

Mark March 16 on your calendar.  That is one week from next Monday.  That is the day they announce their Q4 and annual results.  From these results, we shall know where Arsenal will bottom...read more
0 stars

RE:RE:RE:RE:RE:RE:Now lets talk hedges

And hedging in the context of being a seller of oil of course. for buyers, just the opposite.  rate and reply
1.5 stars

RE:RE:RE:RE:RE:Now lets talk hedges

Well I'm supposed to be gone but being as you asked... When you hedge, you are guaranteeing the hedge price, less hedge cost of course.  They offset only to the extent of equalizing to the hedge price...read more
5 stars

RE:RE:RE:RE:Now lets talk hedges

U fool me, how can u say they were on the wrong side of a hedge. They lost money on the hedge but sold oil at higher then the hedge, the two off set. It is the reason you hedge. If you make money on...read more
1 star

Signing off

I'm out of here till after March 16 or so results  I'm tired of telling you how  bad thi company is right now. So you just watch, and I'LL come back around\ March 18 when the sheet has really hit the...read more
0 stars

RE:RE:RE:Now lets talk hedges

Erroneous assumption.  Bank had nothing to do with their monetiizing  They galdly took the cash Arsenal got raised the interest rates, and will wait to take over the equity if things don't improve...read more
0 stars

RE:RE:RE:Now lets talk hedges

No  I don't think so.  Arsenal has been on the wrong side of hedge for over 3 years.  I can recall way back criticizing them hedging oil when prices were rizing rapidly.  While the financiers may well...read more
0 stars

RE:RE:Now lets talk hedges

The hedges where in place because it was a requirement by their financing institution. I assume they are not putting on new hedging at these levels after monetizing their hedges and paying down debt...read more