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Razor Energy Corp V.RZE.H

Alternate Symbol(s):  RZREF | V.RZE.W.H

Razor Energy Corp. is a Canada-based junior oil and gas development and production company. The Company is focused on acquiring, enhancing, and producing oil and gas from properties primarily in Alberta. The Company produces primarily light oil, natural gas, and natural gas liquids in Alberta. Its operations include Swan Hills/Kaybob Region and Southern Alberta Region. The Swan Hills/Kaybob region has approximately 250,600 (174,100 net) acres of land held by production. This region has a daily average production of around 3,305 barrels of oil equivalent per day (boe/d). The Southern Alberta region has approximately 78,200 (49,600 net) acres of land mainly held by production. This region is focused on production and development of medium gravity oil in the Glauconite formation and natural gas in the Mannville Group and has a daily average production of around 482 (boe/d). Its subsidiary, Blade Energy Services, provides services, such as fluid hauling and other oilfield services.


TSXV:RZE.H - Post by User

Razor Energy Corp > why’d it pop
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Comment by itsalieon Mar 07, 2022 2:22pm
255 Views
Post# 34491690

RE:RE:why’d it pop

RE:RE:why’d it pop
ChickenLittle13 wrote:

At these oil prices they make approx 200million in revenue with approx 55million in free cash flow. It's just the market figuring out the revaluation. 

If oil can average 115$ for the year , this is a 10$ stock. Them being unhedged , the higher oil goes the more insane their cash flows and re rating will be. 

With high debt load currently and high Op costs, should oil crash back down to <80, this name is in for hard landing. 

With the world being somewhere in the range of 3-5MMbbl/day short , I don't see the price of oil going down any time soon though...



pretty much the same story for any oil stock.. just haven't seen one shoot up like this without news.. 
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