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

Energy Oil & Gas E&P

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

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TORC Oil & Gas Ltd. > TD Notes

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Post by retiredcf on Feb 04, 2021 9:29am

TD Notes

Quantitatively, 12-month forward consensus cash-flow momentum has turned positive for MEG Energy and is rising relative to Canadian comps Seven Generations Energy Ltd. (VII-T) and Crescent Point Energy Corp. (CPG-T).

Combined with our other energy holding, TORC Oil & Gas Ltd. (TOG-T, portfolio weight 3.1%), our sector weighting increases to 6.1% versus the S&P/TSX Small Cap Index weighting of 14.0%. We believe that an important catalyst for WTI oil is the change in U.S. inventory growth. If inventories do fall below last year’s levels, we would potentially further raise our sector weight.

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