The PROFESSIONAL Psychopath (COPPERTONE03):
Being a PROFESSIONAL Psychopath is a viable option when your brain does not work correctly. It is as great asset to help you spend the day when there is nothing else to do. That does not mean that the P.P. is not aware of his condition, only that there is no viable option. P.P.'s insult other posters quickly and then hunt down their next poster to insult.
The P.P. exists on this board because this is where he chooses to spend the day, all day, every day. The P.P. does require a limited amount of money to exist and he has a plan which is to let his friends in the Federal Government send him several checks a month. The P.P. does not worry about losses in the stock market because the P.P. has never invested in the stock market.
Are you people smoking dope or something?
Especially k.mcmacken who doesn't know how to read a financial statement.
PGH had a $506 million LOSS in the 4th Qtr 2014. Last year they had a $91 million LOSS.
Is this really a profitable company with a future?
Pengrowth Energy (NYSE:PGH) +5.9% AH even as it posts $506M in net Q4 losses compared with a $91M loss in the year-ago quarter, and says it is deferring spending on the second phase of its Lindbergh oilsands project and cutting its dividend in half to protect its balance sheet.PGH wrote down $994M in the quarter, including a $451M writedown in the book value of the company’s assets, which it says was the result of the precipitous decline in oil prices.Says it had hedged ~75% of its 2015 estimated oil production at $93.96/bbl and 54% of its estimated gas production at $3.73/MMcf.PGH completed the first phase of Lindbergh oil sands project in Q4 but produced no oil from the facility, which is designed to produce 12.5K bbl/day.PGH earlier said it would reduce 2015 capital spending by 74% Y/Y to $200M.