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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

Comment by marxathon May 04, 2017 2:39pm
104 Views
Post# 26204497

RE:Held Our Own Today

RE:Held Our Own Todayhmm, the downward pressure on this stock is as intense as it has ever been. The no thanks to oil futures sentiment coupled with an earnings miss next week, could have this sub $5.00 before the month is out.

Furthermore, a 90%+ payout ratio screams divy cut as well...tread lightly or not at all for a while.
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