Rooster Energy PRBEQ

Energy

"Rooster Energy Ltd is an oil and natural gas exploration and production company which is engaged in the acquisition, development, and exploration of petroleum and natural gas and the delivery of well intervention services. It provides plugging and abandonment services in the Gulf of Mexico. The company operates through Oil and natural gas, and Well services segment."

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Rooster Energy

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Comment by Papagalloon Aug 26, 2015 4:28pm

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Post# 24053919

RE:RE:Big ask at .05?

Do a little due diligence before you knock any company. Your comments are too simplistic. Rooster is no average E&P. This company has three divisions and profits from the downturn in commodity price by salvaging idle rigs and draining them in a profitable cost effective manner. The company is EIGHTY-FIVE per cent insider owned....yes 85%...so the float is only 15%. One of our intelligent shareholders, Rock07, is very adept at calculating estimated earnings and this Q may come in at .03. Using a conservative multiple of 6X would give fair value s/p of .72. Capish?

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