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Rooster Energy PRBEQ

"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."


GREY:PRBEQ - Post by User

Comment by Sheperdon Apr 13, 2016 9:10am
111 Views
Post# 24760733

RE:Volume!

RE:Volume!I still dont understand the last SP drop, I just went thru last Q results, and Rooster managed to do a small profit when all other oil co were doing big lost.  Also they got a waiver from creditor to make a 4M profit by selling derivative contract, basically at the bottom of the market, so anywhere over that they are in the money while selling real production... In the worst case scenario NPV still worth 3 time current market cap IMHO, should see some SP move over the next 2 weeks since Annual Results should be out any days! 
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