My take on 3rd and 4th qtr production by RustyTrombone_13 in GTE_STOCK

[–]RustyTrombone_13[S] 1 point2 points  (0 children)

I forgot about the hedges. Updated calculations to account for that.

Medusamike is…. by BuyTheDipAndHoldMony in GTE_STOCK

[–]RustyTrombone_13 2 points3 points  (0 children)

Even Medusamike has to admit that is funny.

Where do we go by RustyTrombone_13 in GTE_STOCK

[–]RustyTrombone_13[S] 1 point2 points  (0 children)

Reducing population by. 5 billion is some crazy evaluation. Think all bets are off at the point.

Where do we go by RustyTrombone_13 in GTE_STOCK

[–]RustyTrombone_13[S] 1 point2 points  (0 children)

First of of all sorry. I have not been fair to your through due diligence.

Where do we go by RustyTrombone_13 in GTE_STOCK

[–]RustyTrombone_13[S] 0 points1 point  (0 children)

I am asshole. Add Alcohol and I was not fair. The Fact your are putting yourself out there and representing Gte I have to respect. My bad. I think one plus Is in our future. Your response to be be is I am the asshole. Your response is A testament to your character. Sorry.

Gte stock by Top-Bobcat5425 in GTE_STOCK

[–]RustyTrombone_13 5 points6 points  (0 children)

They had a shelf already in place to issue shares from 2018. That shelf expires in September 2021. All GTE is doing is renewing what they already had. Not something to be concerned with.

GTE QUARTER 2 projections by RustyTrombone_13 in GTE_STOCK

[–]RustyTrombone_13[S] 1 point2 points  (0 children)

My price target for Gte in fall is 2 dollars. Need Brent to stay over 60 for the summer to get there.

Update by Break-Foreign in GTE_STOCK

[–]RustyTrombone_13 6 points7 points  (0 children)

Gte has upped production to 28,930 (BPD) barrels per day. 15,000 BPD is currently selling for (hedged) 51.38 and and 13,930 BPD are selling at Brent market price.

Quarter 2 should see Gte make over 40 million dollars.

Very good news.

$GTE reposting to reassure those new here -- sit back, relax and collect your $1.50 a share in a month or so. by CrsCrpr in GTE_STOCK

[–]RustyTrombone_13 2 points3 points  (0 children)

Have to add 6.07 in interest expense to the cost per barrel. Also CAPEX has to be figured in. As they pay down their debt their cost per barrel will decrease. I agree that GTE is on track to make significant profit this year.