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CVE:RTN

Return Energy Inc (RTN.V)

3.50
-0.00 (0.00%)
as of Jun 3, 2020, 7:59:54 pm Market Open.
1 watching
0
RISKY

Announced they will be testing a well in the key area for the Abiod in Tunisia. Will be testing 3 zones, so are quite confident they are going to have something. If they find 500-1000 barrels, the stock has done quite well. Likes the company and has a target of $0.55. Information will be known in early December.

TOP PICK

This is a rank exploration wildcat. It’s always good to have one of these in your quiver. Has been at this particular project for about 5 years. The best news is that they are about to drill their 1st exploratory well on an onshore block in Tunisia. Feels political risks are probably pretty low now. No bank debt. A couple of million dollars a year in cash flow from a gas property they have in Hungary.

COMMENT

Will be drilling in Q1, hopefully February. This is a very big prize, could be 50-60 million barrels. Going to do another seismic program to define opportunities. Market has been waiting for them to start drilling.

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Return Energy Inc (RTN.V) Frequently Asked Questions

What is Return Energy Inc stock symbol?

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

Is Return Energy Inc a buy or a sell?

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

Is Return Energy Inc a good investment or a top pick?

Return Energy Inc was recommended as a Top Pick by Josef Schachter on 2012-12-05. Read the latest stock experts ratings for Return Energy Inc.

Why is Return Energy Inc stock dropping?

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

Is Return Energy Inc worth watching?

Return Energy Inc is covered by Stockchase experts and is worth watching.

What is Return Energy Inc stock price?

On 2020-06-03, Return Energy Inc (RTN.V) stock closed at a price of $3.50.