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ROK Resources Inc V.ROK

Alternate Symbol(s):  ROKRF | RKRWF | V.ROK.WT

ROK Resources Inc. is primarily engaged in exploring for petroleum and natural gas development activities in Alberta and Saskatchewan. The Company’s diversified asset base in both Southeast Saskatchewan and Alberta is weighted to light crude with opportunities for natural gas development in the Kaybob area of Alberta. Its core assets include Southeast Saskatchewan, which comprises oil weighted conventional Frobisher and unconventional Midale prospects and covers over 131,000 net acres, and Kaybob Alberta, a gas weighted, stacked multi-zone reservoir with upside locations in the Cardium, Montney, Bluesky and Dunvegan formations. The Company covers over 75,000 gross (45,000 net) acres in Kaybob.


TSXV:ROK - Post by User

Comment by BraddockTrailon Jun 01, 2022 11:36am
153 Views
Post# 34723435

RE:RE:RE:RE:RE:If it was for sale

RE:RE:RE:RE:RE:If it was for saleEarnings from operations are $4.9 million. Dividing by 189 million shares diluted is $.026 eps. Mayor1 says this is only one month so multiplying by 12 gives an adjusted eps of $.31. Stock price now $.275. A P/E ratio less than 1. Remarkable if my numbers are correct.
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