Donnycreek Energy Inc (DCK-X)
Donnycreek Energy Inc(DCK-X) Rating
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
Stockchase rating for Donnycreek Energy Inc 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.
Donnycreek Energy Inc(DCK-X) Frequently Asked Questions
What is Donnycreek Energy Inc stock symbol?
Donnycreek Energy Inc is a OTC stock, trading under the symbol
DCK-X on the
().
It is usually referred to as
or DCK-X
Is Donnycreek Energy Inc a buy or a sell?
In the last year, there was no coverage of Donnycreek Energy Inc
published on Stockchase.
Is Donnycreek Energy Inc a good investment or a top pick?
Donnycreek Energy Inc was never recommended as a Top Pick
on Stockchase.
Read the latest stock experts ratings for Donnycreek Energy Inc.
Why is Donnycreek Energy Inc 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 Donnycreek Energy Inc worth watching?
In the last year, there was no coverage of Donnycreek Energy Inc
published on Stockchase.
What is Donnycreek Energy Inc stock price?
On , Donnycreek Energy Inc (DCK-X)
stock closed at a price of $.
Drilling results were not stellar and the stock fell about 25% on the day they announced the results. This is a natural gas company with 2 core areas. On the one they have been having good development success. Drilling very expensive wells, but rates of return seem to be very good. Have grown production up to about 1700 BTUs a day so on a run rate basis, that produces about $25 million of cash flow, so the stock is trading at around 4X cash flow. Market was disappointed on the initial drilling results from another area which was an untested Montne trend where they were pushing the fringe of the boundaries. If it had worked, it could have been very, very exciting. They couldn’t test the wells because of the sour contents. This means they need to retest after breakup by bringing on better equipment. Even if they get a productive rate, the cost to produce sour gas is much more than sweet gas, about 4 times. Cautious on the name as the risk is too high.