This summary was created by AI, based on 1 opinions in the last 12 months.
The experts have provided a positive review of Lycos Energy, stating that the company's revenue has more than doubled to $35.6M and per share cash flow has nearly doubled. Capex rose by 79% to $21.2M, and production rose by 60%. The operational front is progressing well with an active drilling program planned for the second half of the year. The balance sheet is strong, and solid growth is expected over the next two years.
New position for the fund.
Owns ~6% of company.
New "Fish Bone" drilling technique could be very profitable.
No dividends or buybacks, but exploration style company.
Could be very high returns.
Lycos Energy is a Canadian stock, trading under the symbol LCX-X on the TSX Venture Exchange (LCX-CV). It is usually referred to as TSXV:LCX or LCX-X
In the last year, 1 stock analyst published opinions about LCX-X. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Lycos Energy.
Lycos Energy was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Lycos Energy.
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.
In the last year, there was no coverage of Lycos Energy published on Stockchase.
On 2024-12-13, Lycos Energy (LCX-X) stock closed at a price of $2.65.
Bloomberg was not showing any quarterly estimates here. Revenue more than doubled to $35.6M. Per share cash flow nearly doubled, to 33c from 17c. Capex rose 79% to $21.2M. Production rose 60% and things are proceeding very well on the operational front. An active drilling program is planned for the second half of the year. The balance sheet is strong and solid growth is expected over the next two years. Things look fine here to us.
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