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Bullboard - Stock Discussion Forum Orca Energy Group Ord Shs Class A V.ORC.A

Alternate Symbol(s):  V.ORC.B | ORXGF

Orca Energy Group Inc. produces and sells natural gas to the power and industrial sectors in Tanzania. The Company’s principal operating asset is an interest held by a subsidiary, PanAfrican Energy Tanzania Limited (PAET) in a Production Sharing Agreement (PSA) with the Tanzania Petroleum Development Corporation (TPDC) and the Government of Tanzania (GoT) in the United Republic of Tanzania... see more

TSXV:ORC.A - Post Discussion

Orca Energy Group Ord Shs Class A > Now my WORST PERFORMING energy stock..
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Post by downwithdotcom1 on Oct 20, 2021 1:17pm

Now my WORST PERFORMING energy stock..

..even with the dividends..just how did we get here, now trading at $5.18 right now ?? Remember, it was last year and a bit, when management REVERSED their policy about exploring for business outside of TANZ..even in spite of a allegedlly more BUSINESS FRIENDLY govt, there is still little progress  as to the future of ORCA as a going concern-just so annoying with what could be ORCA;s potential but more lately if i had sold and re-invested in just about ANY oil or gas stock...dwdc
Comment by JayBanks on Oct 21, 2021 10:57am
Do you think that ORCA is suffering from being a low volume, closed ended, gas, utility-like entity that is rather specialized and contained? I haven't really seen signs of under preformance from the company itself, it looks more like the weakness is due to investors jumping ship to higher volume, more growth and opportunity companies who are more pure play in pricing to barrel of oil or ...more  
Comment by JayBanks on Oct 21, 2021 11:14am
Sorry I hit the post button with a finger while typing. I just wanted to end by saying yes it seems like your worst preforming stock seems more about your selection of this and what to do with it or lack of foresight in changing sedimate which is east to be caught out on, but I don't think you have a terrible selection here as it seems like they were able to do a good job through the pandemic ...more  
Comment by gasoholic on Jan 17, 2022 6:50pm
It's my worst performer as well but I hang on for the dividend and for auld lang syne. We don't get excitement like the other stocks because we don't get pice like other companies. Most of our gas is sold for power generation in Tanzania at prices agreed to by the government. And sometimes payment is delayed. Only a portion of the gas is sold at a price that is ratioed to the price of ...more  
Comment by downwithdotcom1 on Feb 16, 2022 10:20am
you do understand that these so called divis are in fact all but INTEREST INCOME payments right?  maybe some good news, ALL AFRICA carrying some news about recent capacity expansions/ tie ins work recently completed at SONGO/SONGO ie compressors/ well work -overs??? Very generic but the gas is needed as hydro power much lower due to drought conditions in some areas of TANZ...would bre nice to ...more  
Comment by downwithdotcom1 on Mar 07, 2022 10:27am
...stock continues to trade sub $5 ..MANAGEMENT needs to answer for this terrible performance..what could, what should hve been..worst part is that the current A share  holders WANT IT THIS WAY ...dwdc
Comment by downwithdotcom1 on Apr 20, 2023 1:38pm
more than a year later AND NOTHING HAS CHANGED..."B" shareholders continue to be held hostage by this "possibly engineered" churning of the stock 100 shares at a time. ACTIVIST SHAREHOLDER , dissolving of this dual share structure or even a CLASS ACTION lawsuit against management/BOD is sorely needed to allow prospective buyers to unlock shareholder value because this ...more  
Comment by downwithdotcom1 on Nov 04, 2023 1:02pm
Back down to $4.59 in one of the best bull runs for energy.... Management /BOD must act !!!!!!
Comment by downwithdotcom1 on Jan 24, 2024 4:47pm
new 3 year low!!!! way to go BOD/management!!!! dwdc
Comment by Rvdt86 on Nov 14, 2021 8:01pm
Ya my worst performing energy stock by a long shot. I do think this has a lot of potential. The margins this company makes are incredible. And to population is their and theirs no lack of need in the country. My only concrens are the gas reserves are nothing impressive from what the reports ive read are saying. Also with the new hydrodam suposed to be coming online next year their going to need ...more