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Bullboard - Stock Discussion Forum Seven Generations Energy Ltd. class A common shares T.VII

"Seven Generations Energy Ltd is an independent energy company focused on the acquisition, development, and optimization of high-quality, tight rock, natural gas resource plays. The company employs long-reach and horizontal drilling to produce resources of natural gas, condensate, and natural gas liquids. In addition to drilling operations, Seven Generations owns several gathering lines and... see more

TSX:VII - Post Discussion

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Post by regardless on Nov 17, 2020 12:24pm

building a base here

building a floor and a base here for next upleg...target 6.50$
Comment by Canyon on Nov 17, 2020 2:20pm
Giddyup
Comment by regardless on Nov 18, 2020 1:47pm
Like I said yesterday it's building a base .... has not appreciated as many others have this week but if the close of the day is at the days high or beyond this could be setting up for a classic 9-12% run day just before vaccinex approval news wich I expect this weekend
Comment by regardless on Nov 24, 2020 5:24pm
Definitely has built a base but has certainly lagged its peers in this last run up of oul and gas any thoughts as to why? 
Comment by Robertboblaw on Nov 24, 2020 6:01pm
I feel the same way. Given seven gems quality production and liquids rich revenue I would have thought it would have caught up to arc by now. Higher oil would really benefit vii no ? Is there something I'm not aware of, hedges on oil out of the money right now or something? It's doing ok but it does seem to be lagging it's peers quite a bit though
Comment by topdown99 on Nov 24, 2020 9:16pm
VII is definitely lagging but it remains in an uptrend , why it hasn't recovered to a more reasonable level is indeed a mystery . VII has very little news coverage and unless you are an energy investor , chances are you have never heard of this company . As far as I know , they have no detrimental hedges on their books . Oil and natural gas are both up in price and with lower production of ...more  
Comment by Robertboblaw on Nov 24, 2020 11:14pm
This is definitely a company ppl should know about. Canada's biggest condensate producer and ngl producer should be up there with tourmaline and cnrl and (formerly) encana imo. Especially given their potential if oil and gas peices take off due to lower production in the Us if US shale is indeed in trouble as many are predicting. I'm definitely long on this.
Comment by topdown99 on Nov 25, 2020 11:27am
Yes Robert , I agree Canadians should know who VII is but the reality is they don't . How often does bnn even acknowledge the O&G sector ? Visibility and PR are one of the biggest components missing in this equation .
Comment by regardless on Nov 25, 2020 11:42am
Typically the last 6 weeks this stock drops a few percent today and tomorrow... however it's holding amd in some frames it's up ... of it closes green today we may just get a 7-10% day this week we are so far behind other producers in this layed oil rally it has got to shift our way here 
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