RE:RE:was thinking about buyingHello Ferrari,
A big factor affecting the stock price of TCF is...... it never should have gone to 50 cents + back in the fall of 2022. That was when people thought Europe was going to run out of gas last winter and the gas price went nuts. TCF stock rose on that momentum and that was when the drilling program was only just getting started. It will take time for TCF production and the price received for their gas to justify that price so the share price has gone down then sideways from that .50+ level.
Operationally TCF has done a good job drilling these long reach horizontal wells which no one should think are not challenging. Hopefully with 2 to 3 more wells on line and an increase in gas prices this fall we will see the share price ramp up. Welcome to the unpredictability of the enrgy industry!