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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. > Analyst Recommendation
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Comment by retiredcfon Jul 18, 2019 1:35pm
189 Views
Post# 29935564

RE:Analyst Recommendation

RE:Analyst Recommendation
HOLD
 
Torc Oil & Gas Ltd (TOG-T)
July 17, 2019
 
An intermediate, oil focused company. Conservative management that under-promises and over delivers. Yield is over 8%. A nice growth profile that is sustainable when WTI is over $50. Their market cap, being only around $1 billion, does limit broader investor interest. A core holding for him.
 
Dennis da Silva
Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.
Price
$0.000
Owned
Yes
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