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Gramercy Capital Corp. Message Board

mario_luis_gomes 1 post  |  Last Activity: Mar 19, 2015 3:13 PM Member since: Mar 7, 2006
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  • EROC is saying they plan to increase the distributions this year... According to the latest earnings release:

    "The current low commodity price environment presents opportunities for Eagle Rock as we look to grow the Partnership. Our strong hedge portfolio, coupled with our ample liquidity and low leverage ratio, positions the Partnership in 2015 to make accretive acquisitions, reduce the overall production decline rate and grow distributable cash flow."

    Which other upstream oil company is forecasting increased distributions this year?

    I just bought a position on this company... I'm sure to make money on this.

    Sentiment: Strong Buy