All other previous guidance for 2020 remains unchanged. CK Asset’s recent diversification effort into utilities and aviation has put off some investors who used to be interested in the company, he said.“Globally investors have become less and less interested in conglomerates,” said Lam, whose fund doesn’t hold CK stocks. It’s not commonly known, but most airlines don’t actually own their aircraft; for a variety of reasons, they lease them.
With respect to estimates of 2020 capital expenditures and Birchcliff’s spending plans for 2020, such estimates and plans assume that the 2020 Capital Program will be carried out as currently contemplated. Additional information on these and other risk factors that could affect results of operations, financial performance or financial results are included in Birchcliff’s most recent Annual Information Form and in other reports filed with Canadian securities regulatory authorities. Birchcliff has agreements for the firm service transportation of an aggregate of 175,000 GJ/d of natural gas on TCPL’s Canadian Mainline, whereby natural gas is transported to the Dawn trading hub in Southern Ontario. Birchcliff Energy Ltd., an intermediate oil and natural gas company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids in Western Canada. The tech-heavy NASDAQ is now leading the on the fall, having lost 11.5% since September 2.JPMorgan strategist Marko Kolanovic points out that much of the market is now well-positioned for a rebound.

Macquarie analyst Chad Beynon launched coverage of the online sports-betting stock with an Outperform rating. We’re proud of everything we’ve done, and the way we’ve done it with integrity and care. All of the wells are currently in various stages of completion and flow testing operations and are expected to be brought on production in Q2 2020.

Birchcliff’s guidance for its commodity mix, adjusted funds flow and natural gas market exposure in 2020 is based on an annual average production rate of 79,000 boe/d during 2020, which is the mid-point of Birchcliff’s annual average production guidance for 2020.

DraftKings Is Poised for ‘Hyper-Growth.’ Why Its Stock Could Be Like Tesla, Amazon, and Netflix. It’s facing the future with confidence and humility.

We have a long history of operational excellence and we are very proud of how our staff continue to exceed our expectations to maintain safe and reliable operations and the continuity of our business, despite having to adapt to this challenging new environment.”. That is the sector where NexTier lives.Unfortunately, it’s a sector that has proven vulnerable to falling oil prices and the economic disruption brought on by the coronavirus pandemic crisis. Birchcliff’s 2020 Capital Program for the Gordondale area includes the drilling of 8 (8.0 net) wells and the bringing on production of 10 (10.0 net) wells. These measures do not have standardized meanings prescribed by GAAP and therefore may not be comparable to similar measures presented by other companies where similar terminology is used.

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And analysts are going as far as axing their recommendations on some stocks.

The amount and allocation of capital expenditures for exploration and development activities by area and the number and types of wells to be drilled and brought on production is dependent upon results achieved and is subject to review and modification by management on an ongoing basis throughout the year.

With no prior experience, Kyle Dennis decided to invest in stocks.

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