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Last C$0.89 CAD
Change Today -0.03 / -3.26%
Volume 1.7M
LRE On Other Exchanges
Symbol
Exchange
OTC US
Frankfurt
As of 4:00 PM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

long run exploration ltd (LRE) Snapshot

Open
C$0.91
Previous Close
C$0.92
Day High
C$0.92
Day Low
C$0.88
52 Week High
05/8/14 - C$6.09
52 Week Low
03/16/15 - C$0.66
Market Cap
172.2M
Average Volume 10 Days
1.7M
EPS TTM
C$-0.13
Shares Outstanding
193.5M
EX-Date
02/25/15
P/E TM
11.3x
Dividend
--
Dividend Yield
37.02%
Current Stock Chart for LONG RUN EXPLORATION LTD (LRE)

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long run exploration ltd (LRE) Details

Long Run Exploration Ltd., an intermediate oil and gas company, develops, explores for, and produces crude oil and natural gas in western Canadian Sedimentary Basin. It primarily focuses the Peace River Montney, the Deep Basin Cardium, the Redwater Viking, and the Boyer Bluesky areas. The company was formerly known as WestFire Energy Ltd. and changed its name to Long Run Exploration Ltd. in October 2012. Long Run Exploration Ltd. is headquartered in Calgary, Canada.

226 Employees
Last Reported Date: 03/4/15

long run exploration ltd (LRE) Top Compensated Officers

Executive Chairman and Chief Executive Office...
Total Annual Compensation: C$350.0K
President, Chief Operating Officer and Direct...
Total Annual Compensation: C$350.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: C$300.0K
Senior Vice President of Development
Total Annual Compensation: C$300.0K
Vice President of Production
Total Annual Compensation: C$280.0K
Compensation as of Fiscal Year 2014.

long run exploration ltd (LRE) Key Developments

Long Run Exploration Ltd. Presents at 2015 CAPP Scotiabank Investment Symposium, Apr-09-2015 02:30 PM

Long Run Exploration Ltd. Presents at 2015 CAPP Scotiabank Investment Symposium, Apr-09-2015 02:30 PM. Venue: Sheraton Centre Hotel, 123 Queen Street West, Toronto, Ontario, Canada. Speakers: Dale John Orton, Senior Vice President of Development.

Long Run Exploration Ltd. expected to report Q1 2015 results on May 6, 2015. This event was calculated by Capital IQ (Created on March 8, 2015).

Long Run Exploration Ltd. expected to report Q1 2015 results on May 6, 2015. This event was calculated by Capital IQ (Created on March 8, 2015).

Long Run Exploration Ltd. Reports Unaudited Earnings and Production Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Production Guidance for the Year 2015

Long Run Exploration Ltd. reported unaudited earnings and production results for the fourth quarter and full year ended December 31, 2014. For the quarter, funds flow from operations was $68,178,000 or $0.35 per basic and diluted share against $55,934,000 or $0.44 per basic and diluted share a year ago. The increase was attributable to higher production volumes and a realized gain on financial derivatives, partially offset by lower oil and NGL prices and higher operating costs associated with the increased production volumes. The fourth quarter funds flow from operations for 2014 included the operating and financial results from the Deep Basin acquisitions. Net loss was $258,652,000 or $1.34 per basic and diluted share against $5,531,000 or $0.04 per basic and diluted share a year ago. Net loss primarily resulted from year end impairment charges of $300 million after tax due to the decline in future commodity price forecasts at December 31, 2014. Capital expenditures were $70,094 million against $41,637 million a year ago. Revenues, before royalties was $133,354,000 against $124,816,000 a year ago. Cash flow for the fourth quarter improved to $68.17 million. The company attributed the increase primarily due to higher production volumes and realized pricing, partially offset by higher royalty expense and higher operating costs associated with increased production volumes. For the full year, funds flow from operations was $291,856,000 or $1.85 per diluted share against $230,109,000 or $1.83 per basic and diluted share a year ago. The increase was primarily due to higher production volumes and realized pricing, partially offset by higher royalty expense and higher operating costs associated with increased production volumes. Net loss was $190,395,000 or $1.21 per basic and diluted share against net profit of $24,265,000 or $0.19 per basic and diluted share a year ago. Capital expenditures were $304,031,000 against $276,571,000 a year ago. Net debt as on December 31, 2014 was $739,598,000 against $452,155,000 as on December 31, 2013. Revenues, before royalties was $610,896,000 against $475,562,000 a year ago. Cash flow improved to $291.85 million. The company attributed the increase primarily due to higher production volumes and realized pricing, partially offset by higher royalty expense and higher operating costs associated with increased production volumes. For the quarter, production averaged 36,502 Boe/d (49% oil and NGLs), which represents an increase of 9,499 Boe/d from 27,003 Boe/d (55% oil and NGLs) in 2013. The production increase resulted from the addition of Deep Basin acquisition properties and successful development drilling over the past year. For the year, total production was 31,168 Boe/d against 25,094 Boe/d a year ago. The production increase resulted from the Deep Basin acquisitions and 2014 drilling program. The increase in 2014 production was tempered by third party restrictions and plant outages experienced in the latter half of the year which reduced production by approximately 960 boe per day. The company provided production guidance for the year 2015. The company said current production of 36,000 Boe/d (41% liquids) is on target to meet 2015 production guidance of 32,000 - 33,000 Boe/d (43% liquids).

 

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