SVRGF - Seven Generations: As A Shareholder I Want The Stock Price To Stay Low

Seven Generations (SVRGF) reported strong Q2 results. Also, management highlighted its intention to take advantage of the low stock price by expanding its share repurchase program.

After having a close look at the Q2 results, I'll discuss the powerful impact of the stock buyback program in the current conditions.

Image source: 7genergy.com

Note: All the numbers in the article are in Canadian dollars unless otherwise noted.

Q2 results

During Q2, production grew by 8% year-over-year and reached 201,800 boe/d with a stronger 10% condensate production increase.

Source: Q2 2019 MD&A

These results are

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