Related posts
Most Anticipated Earnings: MRE-T, PSI-T and more Canadian Companies Reporting Earnings this Week (Aug 05-09).Most Anticipated Earnings: SLF-T, REAL-T and more Canadian Companies Reporting Earnings this Week (Nov 13-17)Earning Reports to Watch (Nov 26-30)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.
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.
CGX Energy Inc. is a Canadian stock, trading under the symbol OYL-X on the TSX Venture Exchange (OYL-CV). It is usually referred to as TSXV:OYL or OYL-X
In the last year, there was no coverage of CGX Energy Inc. published on Stockchase.
CGX Energy Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for CGX Energy Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered CGX Energy Inc. In the last year. It is a trending stock that is worth watching.
On 2024-10-07, CGX Energy Inc. (OYL-X) stock closed at a price of $0.135.