Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / JRNGF - Journey Energy: Great Fundamentals But The Time Is Not Now

JRNGF - Journey Energy: Great Fundamentals But The Time Is Not Now

Journey Energy Inc

2023-05-15 01:47:01 ET

Summary

  • Journey Energy is rolling up the highly fragmented E&P industry by acquiring production at cheap multiples.
  • The valuation for Journey Energy is very cheap compared to its peers who are growing at a similar rate.
  • Journey Energy is a great way to take advantage of higher oil prices as its production is unhedged.
  • Even though the fundamentals for Journey Energy look bullish, the price action, global macro, and flows are currently working against it.

For further details see:

Journey Energy: Great Fundamentals But The Time Is Not Now
Stock Information
Company Name: Journey Energy Inc
Stock Symbol: JRNGF
Market: OTC
Website: journeyenergy.ca
Menu
JRNGF JRNGF Quote JRNGF Short JRNGF News JRNGF Articles JRNGF Message Board
Get JRNGF Alerts

News, Short Squeeze, Breakout and More Instantly...