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TORC Oil & Gas Ltd. VREYD

Energy Oil & Gas E&P
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

TORC Oil & Gas Ltd.
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Post by Joseph_Kon Aug 02, 2017 11:20pm
187 Views
Post# 26541356

Does this worry anyone?

Does this worry anyone?A billion dollar market cap and maybe $10 million in yearly income?  Plus, possibly sub $40 oil on the horizon.   What is wrong with this picture?

Yay, some earnings.  Better than many peers.  But still... a 100x p/e ratio.    Not netflix bad, but still scary to me.
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