TSE:TOG

Torc Oil & Gas Ltd (TOG.TO)

3.21
-0.11 (3.31%)
as of Feb 26, 2021, 9:00:00 pm Market Open.
122 watching
0
HOLD
He prefers other names. It has a decent yield and book value of $6.89. They reported their results and had made two acquisitions to increase production. He has never seen stocks so cheap as they are at the bottom of this business cycle.
TOP PICK
They are light oil. They are well balanced and have a small dividend and are promising to increase their dividend yield. They are long term thinkers. Yield = 5.5% (Analysts’ price target is $9.78)
PAST TOP PICK
(A Top Pick Aug 6/09. Up 21.76%.)
HOLD
Merging to create a new entity called Petrobakken, which he likes. Creates a dominant Southeast Saskatchewan oil play rivalling Crescent Point (CPG-T). Not cheap, but has a lot of upside in development locations and production growth.
COMMENT
Crescent Point Energy (CPG-T) and TriStar (TOG-T) are both great plays in the Bakkens. Although Crescent Point is more expensive, she prefers this because you get paid more to wait and they have a lot more land in the core of the play. There's also more diversification and they are oily.
PAST TOP PICK
(Top Pick Sept 5/08, Down 20%) Now you are going to be part of a larger entity. There is a lack of pure play large cap oil stocks in this country that don’t pay a distribution. They will have an enhanced market being larger.
HOLD
Light oil. Likes the Petrobakken story. Probably the most profitable play in Western Canada. Well managed. Will grow their production substantially and has some great opportunities to do that.
STRONG BUY
Really likes this stock. Merging to create a new entity called Petrobakken. Over the next few years, he thinks they can really surface some value in the combined entity.
HOLD
Acquiring Petrobank Energy (PBG-T). She will be holding her shares as she is looking for something in the $16-$17 range. If oil prices continue to be strong, her target level could be surpassed, as Petrobakken will be a very pure play as an oil producer.
COMMENT
Petrobank (PBG-T) has a buyout on it at $14.75 and it closed today at $15.34. It may be because people think a better offer may come but he doesn't think it is too likely. He recommends tendering to the offer, as it is very reasonable. New combined entity will be a good one to own.
BUY
Great company. Believes there is upside and lots of growth in the asset.
BUY
Petrobank Energy (PBG-T) is spinning off its Bakken properties to form a new company called Petrobakken Energy along with Tristar properties. Think it will be very good. Have a great track record.
BUY
Acquiring Petrobank Energy (PBG-T) and Petrobank will be a holding company with its sub Petrobakken Energy being with TriStar. Trading at a discount.
BUY
Acquiring Petrobank Energy (PBG-T). Petrobank will roll out a new company called Petrobakken Energy. Shareholders will receive $3.45 in cash and about 4/10ths of a share of the new company. Numbers and technology in the Bakkens keeps getting better.
TOP PICK
The proposed transaction with Petrobank Energy (PBG-T) will take their Bakken oil assets and merge them with their own and create an institutional size light oil Bakken pure play.
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Torc Oil & Gas Ltd (TOG.TO) Frequently Asked Questions

What is Torc Oil & Gas Ltd stock symbol?

Torc Oil & Gas Ltd is a Canadian stock, trading under the symbol TOG.TO (previously TOG-T on Stockchase) on the Toronto Stock Exchange (TOG-CT). It is usually referred to as TSX:TOG or TOG.TO

Is Torc Oil & Gas Ltd a buy or a sell?

In the last year, there was no coverage of Torc Oil & Gas Ltd published on Stockchase.

Is Torc Oil & Gas Ltd a good investment or a top pick?

Torc Oil & Gas Ltd was recommended as a Top Pick by David Burrows on 2009-08-06. Read the latest stock experts ratings for Torc Oil & Gas Ltd.

Why is Torc Oil & Gas Ltd 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 Torc Oil & Gas Ltd worth watching?

0 stock analysts on Stockchase covered Torc Oil & Gas Ltd in the last year. It is a trending stock that is worth watching.

What is Torc Oil & Gas Ltd stock price?

On 2021-02-26, Torc Oil & Gas Ltd (TOG.TO) stock closed at a price of $3.21.