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Bullboard - Stock Discussion Forum TORC Oil & Gas Ltd. VREYD

TORC Oil & Gas Ltd engages in the exploration, development, and production of oil and natural gas reserves in the southeast Saskatchewan area. Crude oil constitutes an overwhelming majority of the production mix the company gathers from its assets. TORC gains access to its assets through government issued royalties and uses various techniques to identify hydrocarbon reservoirs. The company... see more

OTCPK:VREYD - Post Discussion

TORC Oil & Gas Ltd. > Cut the divvie and be done with it
View:
Post by BSdetector2016 on Mar 16, 2020 1:18pm

Cut the divvie and be done with it

I suspect the CPP is the problem.
Comment by spacegimp on Mar 16, 2020 7:09pm
they cant afford paying out another $70 million this year also debt/ebitda covenants
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