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Bullboard - Stock Discussion Forum RMP ENERGY INC T.RMP

"Iron Bridge Resources Inc, formerly RMP Energy Inc is a crude oil and natural gas company engaged in the exploration for, development and production of natural gas, crude oil and natural gas liquids in Western Canada."

TSX:RMP - Post Discussion

RMP ENERGY INC > SP JUSTIFIED?
View:
Post by TheRock79 on Sep 15, 2015 12:29pm

SP JUSTIFIED?

I guess the current stock price is justified with a P/E of 15.89. Let's just hope T Boone Pickens is right that oil should be at 70$ by year end. I hope it recovers soon.
Comment by Stars-Aligned on Sep 15, 2015 12:47pm
This Opec emergency meeting will soon flood headlines, Mexico has agreed to lowering output. RMP is about to shine, coming into the winter months natural gas usage will incerease raising demand.  Cant beilive I got my avg down from 3.2 to 1.9..... thanks for the 1.49's 
Comment by TheRock79 on Sep 15, 2015 2:44pm
1.90 nice. I'm at 2.42. I tried to average down a little too early. It's ok I still believe I'll make it rain in the future. History always repeats itself with oil.  I believe that oil prices were brought down to kill the electric car and all renewable energies that have made big advances lately.  The cosumer won't be buying these products at a premium when oil and gas ...more  
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