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TORC Oil & Gas Ltd. VREYD

TORC Oil & Gas Ltd engages in the exploration, development, and production of oil and natural gas reserves in the southeast Saskatchewan area. Crude oil constitutes an overwhelming majority of the production mix the company gathers from its assets. TORC gains access to its assets through government issued royalties and uses various techniques to identify hydrocarbon reservoirs. The company focuses heavily on light oil resource plays and relies on a three-phased strategy of resource capture, delineation, and production growth.


OTCPK:VREYD - Post by User

Post by retiredcfon Dec 12, 2020 7:22am
289 Views
Post# 32092581

Top Pick

Top PickThe BNN site doesn't seem to be working so you'll have to check back later to get the link. GLTA

TOP PICK
 
Whitecap Resources
(WCP-T)
December 11, 2020
 
The deal with Torc is positive. The stock price was re-rated and it has gone up. They have first mover advantage and have an edge in the space. 13% free cashflow yield at $50, 25% at $60. A good name to own in the small-mid-cap range. They are a net-zero emitter with their carbon injection technology. (Analysts’ price target is $5.41)
 
Eric Nuttall 
 
Price
$5.100
Owned
Yes
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