TriOil Resources

TOL-X

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about TOL-X

Signal
Opinion
Expert
SELL
SELL
September 25, 2013

Being acquired at $2.86, effective November. Doesn’t expect there will be a better offer so he would recommend Selling at this point.

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TriOil Resources (TOL-X)
September 25, 2013

Being acquired at $2.86, effective November. Doesn’t expect there will be a better offer so he would recommend Selling at this point.

DON'T BUY
DON'T BUY
July 23, 2013

Company was put into play back in January by an institution that bought 5% of the stock and forced them into a strategic review. A lot of other companies have looked at the assets and now seem to be in inclusive talks. Who knows how long this can really drag on? If you own, continue to hold.

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Company was put into play back in January by an institution that bought 5% of the stock and forced them into a strategic review. A lot of other companies have looked at the assets and now seem to be in inclusive talks. Who knows how long this can really drag on? If you own, continue to hold.

WATCH
WATCH
May 21, 2013

Earlier this year a shareholder activist group acquired 5% of shares and forced them into a strategic alternatives process so he is watching it. It is a case of watching to see who puts in a bid for the company.

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Earlier this year a shareholder activist group acquired 5% of shares and forced them into a strategic alternatives process so he is watching it. It is a case of watching to see who puts in a bid for the company.

HOLD
HOLD
May 14, 2013

She owns it and is holding it. Some assets, thinks it will be worth more.

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She owns it and is holding it. Some assets, thinks it will be worth more.

PAST TOP PICK
PAST TOP PICK
April 17, 2013

(A Top Pick March 19/12. Down 30.91%.) Under pressure to sell the compay. Sold his holdings.

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(A Top Pick March 19/12. Down 30.91%.) Under pressure to sell the compay. Sold his holdings.

BUY
BUY
September 18, 2012

Just announced a $25 million financing. Was in a pretty strong financial position before this. Had expected them to exit 2012 with a net debt of about $30 million on a credit facility of about $50 million. Raising equity at this point allows them to accelerate their program. He is particularly excited about their Cardium position at Lockend. They’ve exceeded their type curve wells (?) and there is some additional upside down the road from a new Dunvegan oil play. Good potential from here.

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TriOil Resources (TOL-X)
September 18, 2012

Just announced a $25 million financing. Was in a pretty strong financial position before this. Had expected them to exit 2012 with a net debt of about $30 million on a credit facility of about $50 million. Raising equity at this point allows them to accelerate their program. He is particularly excited about their Cardium position at Lockend. They’ve exceeded their type curve wells (?) and there is some additional upside down the road from a new Dunvegan oil play. Good potential from here.

HOLD
HOLD
July 16, 2012
On valuations, this is the kind of company that investors generally don't want to own. Oil-based and they feel there is more upside in natural gas stocks. This is a very dangerous belief to have. Also, their market cap is a sub 1 million and fund managers need liquidity. However, things continue to go very well for them. Have 2 very, very good plays that are surrounded by other companies which are actively drilling. Trading at 2.8X Enterprise to Cash Flow using $80 oil.
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On valuations, this is the kind of company that investors generally don't want to own. Oil-based and they feel there is more upside in natural gas stocks. This is a very dangerous belief to have. Also, their market cap is a sub 1 million and fund managers need liquidity. However, things continue to go very well for them. Have 2 very, very good plays that are surrounded by other companies which are actively drilling. Trading at 2.8X Enterprise to Cash Flow using $80 oil.
DON'T BUY
DON'T BUY
June 25, 2012
Canadian junior light oil producer. Looked at it in the past and it did not get the cut. He is going to keep up with this story.
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Canadian junior light oil producer. Looked at it in the past and it did not get the cut. He is going to keep up with this story.
BUY
BUY
May 16, 2012
This is a poster boy for what people do not want. They do not want oil leverage or small cap stocks. Put out a good quarter. Will likely have an operation update where they are sitting on a couple of wells. Balance sheet is extraordinarily clean. Even if oil prices continue to fall, they have a strong balance sheet to grow meaningful production and are sitting on 2 incredible assets. Potentially it gets over $6 if you look at their 2 main plays. Highly profitable.
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This is a poster boy for what people do not want. They do not want oil leverage or small cap stocks. Put out a good quarter. Will likely have an operation update where they are sitting on a couple of wells. Balance sheet is extraordinarily clean. Even if oil prices continue to fall, they have a strong balance sheet to grow meaningful production and are sitting on 2 incredible assets. Potentially it gets over $6 if you look at their 2 main plays. Highly profitable.
TOP PICK
TOP PICK
March 19, 2012
70% light oil, growing at 100%, 4x cash flow with no debt. Should be closer to 6-7x.. Extremely good success in two light oil plays. Wells are coming on at 150-200% higher for same or lower cost.
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70% light oil, growing at 100%, 4x cash flow with no debt. Should be closer to 6-7x.. Extremely good success in two light oil plays. Wells are coming on at 150-200% higher for same or lower cost.
TOP PICK
TOP PICK
September 22, 2010
Assembled 3 interesting oil plays in the Bakken and Cardium. Haven't done much drilling but this is about to pick up. Sitting at 1600 barrels a day but valued at 70,000 BOE's. A lot of growth potential.
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TriOil Resources (TOL-X)
September 22, 2010
Assembled 3 interesting oil plays in the Bakken and Cardium. Haven't done much drilling but this is about to pick up. Sitting at 1600 barrels a day but valued at 70,000 BOE's. A lot of growth potential.
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TriOil Resources(TOL-X) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for TriOil Resources is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

TriOil Resources(TOL-X) Frequently Asked Questions

What is TriOil Resources stock symbol?

TriOil Resources is a OTC stock, trading under the symbol TOL-X on the (). It is usually referred to as or TOL-X

Is TriOil Resources a buy or a sell?

In the last year, there was no coverage of TriOil Resources published on Stockchase.

Is TriOil Resources a good investment or a top pick?

TriOil Resources was recommended as a Top Pick by Eric Nuttall on 2013-09-25. Read the latest stock experts ratings for TriOil Resources.

Why is TriOil Resources stock dropping?

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.

Is TriOil Resources worth watching?

In the last year, there was no coverage of TriOil Resources published on Stockchase.

What is TriOil Resources stock price?

On , TriOil Resources (TOL-X) stock closed at a price of $.