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With the depressed Canadian oil prices, Journey Energy (JRNGF) reported negative funds flow during Q4. These results aren't surprising as the company operates at high costs. Also, the net debt and the decommissioning liabilities represent important amounts in proportion to the cash flow.
The 2019 production will decrease as management reduced the capital program to generate some free cash flow.
The stock price will have some upside potential if the Canadian oil and gas prices increase and if the development of the Duvernay assets is successful. But a much lower stock price is