Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

TORC Oil & Gas Ltd. T.TOG


Primary Symbol: 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 emmitton Nov 16, 2019 8:47am
209 Views
Post# 30359796

RE:RE:RE:Top Pick-Market Call

RE:RE:RE:Top Pick-Market CallI'm getting 1.3 Debt to cash flow based on current oil prices. Torc's last corp presentation stated they needed $65 WTI for 1X. At $48 WTI their Dividend + Capex would be slightly over 100% total payout ratio. Balance sheet still needs work IMO. 
<< Previous
Bullboard Posts
Next >>