CGX Energy Inc. (OYL.V) Buy, Sell or Hold

CGX Energy Inc. (OYL.V)

0.17

-0.01 (2.86%)

as of Jun 18, 2026, 6:21:18 pm Market Open.

13 watching

COMMENT

Did a shareholder vote and Pacific Rubiales (PRE-T) will be assuming the management of the company. Drilling off the coast of Guyana. Got to about 1000 feet of the target. Because of gas creating a lot of pressure, they couldn’t finish the drilling. Potential is still there and could be a world-class discovery. Pretty good play going forward but it is risky and a speculation.

HOLD

Company is stuck for now with the issue of reissuing licenses and they need to find money again. Have been in this predicament before and have always raised money. There is a possibility of a massive oil find just north of Guyana. The problem is that over the years they have diluted the stock but from the current price, it is still pretty high from what the possibility could be.

COMMENT

(Market Call Minute.) He is cautious. If they don't find the oil, this is going to go down. If they find it you will be very well rewarded. Are you comfortable losing this money?

COMMENT

Participated in this company since 1998. All along it was complete speculation. If they find the oil it will group and if they don’t it will go down. That last well they drilled was dry. They did the hole to meet a drilling commitment. They were able to raise money in this market when no one else could raise money. Results again in late summer.

HOLD

This venture is not about the level of the drill project but the amount of oil. Results will come out in August.

COMMENT

Currently drilling 2 wells in partnership but slated to start their own well very soon. Very big potential because they are in the Guyana basin. Could be a takeout candidate if they have a discovery. Speculative.

COMMENT

Very high risk, high reward name. Will be drilling a very high impact well off the coast of Guyana. Make sure it is a very small portion of your portfolio.

TOP PICK

Oil. Drilling for elephants in northern South America. This company controls the 2nd biggest landholding of the whole play. There are a lot of big companies in the area. They should start drilling in the next couple of months. Has never seen anything with this kind of upside.

COMMENT

Exploration offshore Suriname and Guyana. Set to drill their first super-super high impact wells in Q3. Market cap is already discounting a large degree of success. 90%-95% chance of failure. Doesn’t like pure exploration names but prefers companies that are cheap on existing production where he gets the upside for free.

COMMENT

Have made some progress on getting close to drilling a well in Ghana. Very expensive. High/risk high/reward.

RISKY

(Market Call Minute.) Unlike all the other juniors, they are sitting on a lot of resources.

WEAK BUY

Prospecting for offshore oil in Guiana. There was a border dispute between Guiana and Suriname that affected their holdings. Settled favourably and stock shot up but has since pulled back. Holdings are deemed to be highly prospective with a potential for billions of barrels of oil eventually. Still early days. Doesn't expect much production before 2012. Very attractive risk/reward holding.

HOLD

(Market Call Minute.) Very interesting as they have now won through all the political rigmarole for starting work offshore Guyana.

DON'T BUY

Have offshore property in Guiana and the prospect is absolutely massive. Very exciting story, but this is one of those stocks that has an all right balance sheet but not even close to what it will cost to drill some exploration wells. Will have to strike a deal with a major. Looking pretty pricey. Consider taking some profit.

BUY

Just raised some money and will be undertaking a 6 well program.

Showing 1 to 15 of 15 entries

CGX Energy Inc. (OYL.V) Frequently Asked Questions

What is CGX Energy Inc. stock symbol?

CGX Energy Inc. is a Canadian stock, trading under the symbol OYL.V (previously OYL-X on Stockchase) on the TSX Venture Exchange (OYL-CV). It is usually referred to as TSXV:OYL or OYL.V

Is CGX Energy Inc. a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on OYL.V (previously OYL-X on Stockchase) on Stockchase. Read the latest expert commentary for CGX Energy Inc..

Is CGX Energy Inc. a good investment or a top pick?

CGX Energy Inc. was recommended as a Top Pick by Alex Squires on 2004-07-30. Read the latest stock experts ratings for CGX Energy Inc..

Why is CGX Energy Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for CGX Energy Inc..

Is CGX Energy Inc. worth watching?

CGX Energy Inc. is followed by 13 investors on Stockchase and is a trending stock that is worth watching.

What is CGX Energy Inc. stock price?

On 2026-06-18, CGX Energy Inc. (OYL.V) stock closed at a price of $0.17.

Most Recent Experts

Chris Blumas

at Raymond James Investment Counsel Ltd.

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Jim Cramer - Mad Money

CNBC

John Zechner

J. Zechner & Assoc

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

CGX Energy Inc. (OYL.V)