Torc Oil And Gas Ltd (TOG) to Release Quarterly Earnings on Monday
Torc Oil And Gas Ltd (TSE:TOG) is set to issue its quarterly earnings data before the market opens on Monday, November 6th.
Shares of Torc Oil And Gas Ltd (TOG) opened at 6.18 on Monday. The firm has a 50-day moving average price of $5.91 and a 200-day moving average price of $5.60. The firm’s market cap is $1.16 billion. Torc Oil And Gas Ltd has a 12-month low of $4.43 and a 12-month high of $8.91.
Several research firms have issued reports on TOG. National Bank Financial upped their price objective on Torc Oil And Gas from C$7.75 to C$8.25 and gave the company an “outperform” rating in a research note on Thursday, August 3rd. Royal Bank Of Canada upped their price objective on Torc Oil And Gas from C$7.00 to C$10.00 in a research note on Thursday, July 20th. Five equities research analysts have rated the stock with a buy rating, Torc Oil And Gas currently has an average rating of “Buy” and a consensus price target of C$10.14.
In other news, insider Michael Wihak sold 44,976 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of C$5.42, for a total value of C$243,769.92. Also, Director Dale Orest Shwed sold 6,946 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of C$5.42, for a total value of C$37,647.32.
Torc Oil And Gas Company Profile
TORC Oil and Gas Ltd. (TORC), formerly Vero Energy Inc (Vero), is a Canada-based company. The Company is engaged in the acquisition, exploration, development and production of crude oil and natural gas assets.The Company is engaged in drilling activities. TORC uses its technical, technological and industry knowledge to evaluate potential hydrocarbon .
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