Razor Energy Corp V.RZE.H

why’d it pop

[itsalie]

Sorry it just crossed my screen

[ChickenLittle13]

At these oil prices they make approx 200million in revenue with approx 55million in free cash flow. It's just the market figuring out the revaluation.  If oil can average 115$ for the year , this is a 10$ stock. Them being unhedged , the higher oil goes the more insane their cash flows and re rating will be.  With high debt load currently and high Op costs, should oil crash back

[TickerStock101]

Totally agree with you here, only thing I disagree with is that at 55 million FCF. In my calculations they make 50 million FCF at a WTI average of $100/barrel. Their FCF is much higher now if it averages $115 wti

[satchmo6]

WELL----------------------its a vangkuver stock---never seen so many high ones

[itsalie]

pretty much the same story for any oil stock.. just haven't seen one shoot up like this without news.. 

[Stocks2Go]

I think it crosses $5.00 this week, maybe more

[Bubba1]

Check this out. It explains why this has popped. Single year profit at these prices is larger than the present market cap. That's right I said more profit than market cap. https://twitter.com/OutlierHunter/status/1499861025142853634?t=DWrUPuZm5NENpRMBWP8juA&s=19

[TickerStock101]

Definitely!! Probably even more actually if oil continues up

[OLIVIER1951]

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