Toro Oil & Gas Ltd

TOO-X

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

Analysis and Opinions about TOO-X

Signal
Opinion
Expert
STRONG BUY
STRONG BUY
October 7, 2015

He loves it. Management is doing an exceptional job. No debt and well financed. He thinks it will be the next Raging River.

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He loves it. Management is doing an exceptional job. No debt and well financed. He thinks it will be the next Raging River.

COMMENT
COMMENT
May 27, 2015

Still loves this. Just announced a financing arrangement whereby they have sold the royalty on future production from their Hamilton/Viking play. The game is absolutely still on. They have no bank debt and have a swatch of cash in the bank. Have a 2nd half drilling program that they will execute on.

Show full opinionHide full opinion

Still loves this. Just announced a financing arrangement whereby they have sold the royalty on future production from their Hamilton/Viking play. The game is absolutely still on. They have no bank debt and have a swatch of cash in the bank. Have a 2nd half drilling program that they will execute on.

TOP PICK
TOP PICK
January 7, 2015

A brand-new entrant to the Street. Management has been out of the market for a couple of years. They financed themselves and recently made an acquisition of an underutilized Viking oil pool that has about 300 million barrels of oil in place. Adjacent fields have recovery factors of 20%-25%. So far 5% of the oil in place has been recovered. If they can get an additional 10% recovery, that is 30 million barrels of oil. There is huge leverage in this name. What he really likes about the asset is that the oil pool is gas driven, not water driven. There are 60 sections of land in the pool and they own 100% of it. On every section there are 2 gas injection wells. They have to pull the gas out of the oil and reinject it, so all those costs are sunk. Because of this, the exploitation of this is going to be fairly seamless and going to be self financing with not very much capital.

Show full opinionHide full opinion

A brand-new entrant to the Street. Management has been out of the market for a couple of years. They financed themselves and recently made an acquisition of an underutilized Viking oil pool that has about 300 million barrels of oil in place. Adjacent fields have recovery factors of 20%-25%. So far 5% of the oil in place has been recovered. If they can get an additional 10% recovery, that is 30 million barrels of oil. There is huge leverage in this name. What he really likes about the asset is that the oil pool is gas driven, not water driven. There are 60 sections of land in the pool and they own 100% of it. On every section there are 2 gas injection wells. They have to pull the gas out of the oil and reinject it, so all those costs are sunk. Because of this, the exploitation of this is going to be fairly seamless and going to be self financing with not very much capital.

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Toro Oil & Gas Ltd(TOO-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 Toro Oil & Gas Ltd 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.

Toro Oil & Gas Ltd(TOO-X) Frequently Asked Questions

What is Toro Oil & Gas Ltd stock symbol?

Toro Oil & Gas Ltd is a OTC stock, trading under the symbol TOO-X on the (). It is usually referred to as or TOO-X

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

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

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

Toro Oil & Gas Ltd was recommended as a Top Pick by Bill Bonner on 2015-10-07. Read the latest stock experts ratings for Toro Oil & Gas Ltd.

Why is Toro 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 Toro Oil & Gas Ltd worth watching?

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

What is Toro Oil & Gas Ltd stock price?

On , Toro Oil & Gas Ltd (TOO-X) stock closed at a price of $.