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Bullboard - Stock Discussion Forum I3 Energy Ord Shs T.ITE

Alternate Symbol(s):  ITEEF

i3 Energy plc is an independent oil and gas company with assets and operations in the United Kingdom and Canada. The Company's principal activities consist of oil and gas production in the Western Canadian Sedimentary Basin (WCSB) and appraisal of oil and gas assets on the United Kingdom Continental Shelf (UKCS). The Company's wholly owned subsidiaries i3 Energy North Sea Limited and i3 Energy... see more

TSX:ITE - Post Discussion

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Post by 1rockit on Apr 06, 2022 4:13pm

$$ ;

Boy , the stars couldn't have aligned any better for this company . First, to buy all this production at rock bottom prices when the price of oil tanked within the last 2 years . Secondly, the price of oil going through the roof just after buying the production. Third, now the price of nat gas tripling over the last 24 months. Unbelievable, with the price of nat gas where it is , or maybe even higher the price targets are once again going to have to be ratcheted up. Even up to 6 months ago being weighted towards nat gas was a hindrance. Now with the price of nat gas and oil as high as they are this company is a money machine ! Alls I have to do rite now is stop paying attention to the day to day swings . LOL . CHEERS
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