Journey Energy Inc JRNGF

Primary Symbol: T.JOY

Energy Oil & Gas E&P

Journey Energy Inc. is a Canada-based exploration and production company focused on conventional, oil-weighted operations in western Canada. The Company is engaged in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. Its strategy is to grow its production base by drilling on its existing core lands, implementing water flood projects, executing on accretive acquisitions. The Company seeks to optimize its oil pools on existing lands through the application of practices in horizontal drilling and, where feasible, with water floods. It offers horizontal, multi-frac drilling and secondary recovery methods. Its areas of operation are along a resource, Fairway, which consists of the Central Alberta and South Alberta. Its Central Alberta includes Gilby-Duvernay, Crystal, Cherhil, Kaybob, Ferrier, and Ante Creek Waterflood. Its South Alberta includes Matziwin, Skiff, Herronto, and Medicine Hat EOR.

TSX:JOY - Post by User

Journey Energy Inc

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Post by morrisminimanon Feb 06, 2022 12:12pm

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Post# 34402379

CFRA Report Feb 4 JOY

I know Im preaching to the choir here, but the CFRA report released feb 4 indicates JOY is a strong buy. Rates higher than peers, Surge, Gear, InPlay (all receive a buy rating).

Strong Buy = Total return is expected to outperform the total return of a relevant benchmark, by a wide margin over the coming 12 months, with shares rising in price on an absolute basis.

Still has legs!

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