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Granite Oil Corp GXOCF

Energy
Granite Oil Corp is a Canada-based oil producer based in Calgary, Alberta with lands and operations located in southern Alberta. The company is engaged in the exploration for and exploitation, development, and production of oil and natural gas. Its Alberta Bakken Properties are located in southern Alberta at the south of Lethbridge.


OTCQX:GXOCF - Post by User

Granite Oil Corp > WCS 48 plus USD!
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Post by Valueseeker18on Jul 10, 2019 5:30pm
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Post# 29906061

WCS 48 plus USD!

WCS 48 plus USD!meaning about 6 mm in quarterly run rate cash flow for GXO. A 2 cent special dividend per share is doable now based on being ahead of last targets presented. Lets see what the company announces in this favorable pricing environment. Fine if they add a little hedges here to! Not much downside given top decile op costs and netbacks shareholders get, not only the WCSB but all of North America!
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