Raging River Exploration

RRX-T

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

Analysis and Opinions about RRX-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
March 8, 2019
(A Top Pick Mar 15/18, Down 2%) It was acquired by Baytex. Baytex remains his largest holding. It is extremely undervalued. They beat on Q4 and expect Q1 to be a beat. It is at a 24% free cash flow yield. No issues with balance sheet.
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(A Top Pick Mar 15/18, Down 2%) It was acquired by Baytex. Baytex remains his largest holding. It is extremely undervalued. They beat on Q4 and expect Q1 to be a beat. It is at a 24% free cash flow yield. No issues with balance sheet.
PAST TOP PICK
PAST TOP PICK
November 14, 2018
(A Top Pick Feb 02/18, Down 57%) She recommended it on the date of the announcement of the Baytex intent to acquire Raging River and sold on the announcement of the date of the takeover. Therefore, Raging River no longer exists.
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(A Top Pick Feb 02/18, Down 57%) She recommended it on the date of the announcement of the Baytex intent to acquire Raging River and sold on the announcement of the date of the takeover. Therefore, Raging River no longer exists.
HOLD
HOLD
September 14, 2018

Raging River had good light oil assets but issues with decline rates. Baytex shareholders were comfortable with the debt, given the torque to heavy oil differentials. Mashed together, it has allowed the concerns over BTE-T debt levels to be abated and is opening doors for new opportunities.

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Raging River had good light oil assets but issues with decline rates. Baytex shareholders were comfortable with the debt, given the torque to heavy oil differentials. Mashed together, it has allowed the concerns over BTE-T debt levels to be abated and is opening doors for new opportunities.

HOLD
HOLD
June 29, 2018

Part of Baytex, good way to get exposure to Eagleford as well as Canada. Bought Raging River, multiple is in line, and they have decent growth. Hold your shares if they get rolled into Baytex. Market thinks they overpaid, but if you buy good rocks, you’re going to get a good result.

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Part of Baytex, good way to get exposure to Eagleford as well as Canada. Bought Raging River, multiple is in line, and they have decent growth. Hold your shares if they get rolled into Baytex. Market thinks they overpaid, but if you buy good rocks, you’re going to get a good result.

DON'T BUY
DON'T BUY
June 18, 2018

BTE-T vs. RRX-T. RRX-T has been taken out by BTE-T. One analyst says you will now own a company with a much higher debt. BTE-T is a zombie company because of debt. 78% debt to equity last time he talked about it. After the deal RRX-T will have a huge increase in production. If you believe in $80 oil by year end then this a good leveraged play on oil. He thinks we will below $60, the problem is that this stock is too levered. It will be at 75% debt to equity. The market is voting negatively on the deal.

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BTE-T vs. RRX-T. RRX-T has been taken out by BTE-T. One analyst says you will now own a company with a much higher debt. BTE-T is a zombie company because of debt. 78% debt to equity last time he talked about it. After the deal RRX-T will have a huge increase in production. If you believe in $80 oil by year end then this a good leveraged play on oil. He thinks we will below $60, the problem is that this stock is too levered. It will be at 75% debt to equity. The market is voting negatively on the deal.

WATCH
WATCH
June 11, 2018

This is a bit of a different story because they announced strategic alternatives. It helps when a management team owns so much of the stock. The process should be completed within a month. They will probably find a buyer for one of their assets. He sold this name a month ago. As it sells off it is getting increasingly compelling.

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This is a bit of a different story because they announced strategic alternatives. It helps when a management team owns so much of the stock. The process should be completed within a month. They will probably find a buyer for one of their assets. He sold this name a month ago. As it sells off it is getting increasingly compelling.

DON'T BUY
DON'T BUY
May 18, 2018

There is a positive trend for the energy sector. There should be some sort of digestion from here. Geopolitical risk. The pick seasonal strength for the sector is really coming to an end now. Over the short term expect some consolidation. Technically shows that $7.16 is a better price to buy this.

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There is a positive trend for the energy sector. There should be some sort of digestion from here. Geopolitical risk. The pick seasonal strength for the sector is really coming to an end now. Over the short term expect some consolidation. Technically shows that $7.16 is a better price to buy this.

STRONG BUY
STRONG BUY
May 4, 2018

This offers the highest torque of any energy stock to rising oil prices, so he likes owning this one. The one knock is that they have been a one trick pony in the Viking area with a decline rate of 40%. They acquired a lot of cheap acreage in the Duvernay region to help diversify. The question is, is the new play going to do well? The CEO has $120 million of his own money in this and the balance sheet is squeaky clean. He could see a 78% upside in value from here.

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This offers the highest torque of any energy stock to rising oil prices, so he likes owning this one. The one knock is that they have been a one trick pony in the Viking area with a decline rate of 40%. They acquired a lot of cheap acreage in the Duvernay region to help diversify. The question is, is the new play going to do well? The CEO has $120 million of his own money in this and the balance sheet is squeaky clean. He could see a 78% upside in value from here.

STRONG BUY
STRONG BUY
May 4, 2018

This offers the highest torque of any energy stock to rising oil prices, so he likes owning this one. The one knock is that they have been a one trick pony in the Viking area with a decline rate of 40%. They acquired a lot of cheap acreage in the Duvernay region to help diversify. The question is, is the new play going to do well? The CEO has $120 million of his own money in this and the balance sheet is squeaky clean. He could see a 78% upside in value from here.

Show full opinionHide full opinion

This offers the highest torque of any energy stock to rising oil prices, so he likes owning this one. The one knock is that they have been a one trick pony in the Viking area with a decline rate of 40%. They acquired a lot of cheap acreage in the Duvernay region to help diversify. The question is, is the new play going to do well? The CEO has $120 million of his own money in this and the balance sheet is squeaky clean. He could see a 78% upside in value from here.

BUY
BUY
April 17, 2018

This is one of the few remaining growth companies left. It doesn’t pay a dividend. It’s price dropped sharply after the Spartan acquisition because people thought that deal was horrible and it’s in the same space. It sells at 3.2x Enterprise value to cash flow, has 4 years of PDP reserves. Very inexpensive relative to its asset value. Problems: A high decline rate, and they are focused on the Viking, which doesn’t have a lot of running room left in the Viking. They recently acquired new property, which should be a source of news soon. They have also announced a strategic review.

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This is one of the few remaining growth companies left. It doesn’t pay a dividend. It’s price dropped sharply after the Spartan acquisition because people thought that deal was horrible and it’s in the same space. It sells at 3.2x Enterprise value to cash flow, has 4 years of PDP reserves. Very inexpensive relative to its asset value. Problems: A high decline rate, and they are focused on the Viking, which doesn’t have a lot of running room left in the Viking. They recently acquired new property, which should be a source of news soon. They have also announced a strategic review.

TOP PICK
TOP PICK
March 15, 2018

The first CEO to announce (this week) that the existing model is broken (divergence of company's value and its stock price), so he announced strategic alternatives. Should be applauded for this leadership. Used to be the premium stock in this space. What may happen is they merge with a similar company or spin-off an asset. Trades at 4.3X cash flow (formerly 8x). (Analysts' target of $10.04)

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The first CEO to announce (this week) that the existing model is broken (divergence of company's value and its stock price), so he announced strategic alternatives. Should be applauded for this leadership. Used to be the premium stock in this space. What may happen is they merge with a similar company or spin-off an asset. Trades at 4.3X cash flow (formerly 8x). (Analysts' target of $10.04)

TOP PICK
TOP PICK
February 5, 2018

Canadian light oil producer. Light oil differentials have become less recently. This we can get out of Canada more so than heavy oil. They recently announced a discovery in Alberta. They have a huge amount of land for this new oil play. It trades at a relatively low multiple. No issues at all on the debt. (Analysts’ target: $10.87).

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Canadian light oil producer. Light oil differentials have become less recently. This we can get out of Canada more so than heavy oil. They recently announced a discovery in Alberta. They have a huge amount of land for this new oil play. It trades at a relatively low multiple. No issues at all on the debt. (Analysts’ target: $10.87).

COMMENT
COMMENT
June 14, 2017

This has been a great company. What is really astounding is their profit margins. They did extremely well in the Viking. It is always curtailed by size, and now they’ve made a big jump into another area. The market is in a “wait and see” mode to see if they can execute the way they have historically. It has gone sideways for 4 years and they are now in the process of reinventing themselves and will probably come firing from a profitability point of view.

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This has been a great company. What is really astounding is their profit margins. They did extremely well in the Viking. It is always curtailed by size, and now they’ve made a big jump into another area. The market is in a “wait and see” mode to see if they can execute the way they have historically. It has gone sideways for 4 years and they are now in the process of reinventing themselves and will probably come firing from a profitability point of view.

DON'T BUY
DON'T BUY
May 3, 2017

The chart shows a pretty choppy uptrend from the beginning of 2015, and suddenly at the beginning of this year, that uptrend was trashed. Just recently a support level of about $8.50, has been broken. It could go down to the $6.75-$6.80 area. If that doesn’t hold, then it could possibly go as low as $5.50-$6. It also had a rounded top which is another negative.

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The chart shows a pretty choppy uptrend from the beginning of 2015, and suddenly at the beginning of this year, that uptrend was trashed. Just recently a support level of about $8.50, has been broken. It could go down to the $6.75-$6.80 area. If that doesn’t hold, then it could possibly go as low as $5.50-$6. It also had a rounded top which is another negative.

PAST TOP PICK
PAST TOP PICK
April 25, 2017

(A Top Pick Feb 10/17. Down 12.18%.) They were thinking of selling themselves, but that didn’t work out. They have great assets, and this is one of the better management teams in finding and developing assets at a low cost.

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(A Top Pick Feb 10/17. Down 12.18%.) They were thinking of selling themselves, but that didn’t work out. They have great assets, and this is one of the better management teams in finding and developing assets at a low cost.

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Raging River Exploration(RRX-T) 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 Raging River Exploration 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.

Raging River Exploration(RRX-T) Frequently Asked Questions

What is Raging River Exploration stock symbol?

Raging River Exploration is a OTC stock, trading under the symbol RRX-T on the (). It is usually referred to as or RRX-T

Is Raging River Exploration a buy or a sell?

In the last year, there was no coverage of Raging River Exploration published on Stockchase.

Is Raging River Exploration a good investment or a top pick?

Raging River Exploration was recommended as a Top Pick by Eric Nuttall on 2019-03-08. Read the latest stock experts ratings for Raging River Exploration.

Why is Raging River Exploration 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 Raging River Exploration worth watching?

0 stock analyst on Stockchase covered Raging River Exploration In the last year. It is a trending stock that is worth watching.

What is Raging River Exploration stock price?

On , Raging River Exploration (RRX-T) stock closed at a price of $.