RRENF News and Press, Raging Riv Expl Inc

Summary Warren Buffett's purchases point to a bright future for Occidental Petroleum stock from current prices. Industry insiders are buying. That means the current cycle has a ways to go. The worries about a recession are overblown. The Anadarko acquisition will take more...

For all practical uses, the industry is not going to have free cash flow after fiscal year 2020 despite calculations to the contrary. Free cash flow is not a measure of company health. Repayment of debt will tie up any free cash for the foreseeable future. Management is loweri...

Heavy oil production could be a profit advantage given the restraint shown by the industry. The Eagle Ford production has the lowest breakeven cost. Management needs to work on lowering the Canadian breakeven costs. The Viking acquisition added some badly needed light oil prod...

Headwater Exploration is about to enter a major growth phase. New management built and sold Raging River (and other companies) to Baytex Energy. The dry gas production will provide cash flow for growth ventures. Eastern Canada has periodic natural gas shortages that enable muc...

The market was already ordering the caskets for Baytex Energy ( BTE ) when oil prices dropped through the floor (and kept going!). But this management has been careful all along. Now, with energy prices surging on an expected revival of demand, Baytex is beginning to bring back about 80% of ...

Recent moves by Baytex Energy ( BTE ) may have shored up the balance sheet and sufficiently increased cash flow. Baytex Energy began as a heavy oil producer. Up until 2014 that was a decent proposition. But just before the big price decline, management acquired the Eagle Ford properties and de...

Ever since the merger gave Baytex Energy ( BTE ) a second chance, management has concentrated on improving profitability and strengthening the balance sheet. That trend appears set to continue as management prioritizes debt payments one more time as long as the economic forecast remains uncert...

Baytex Energy ( BTE ) is now in the position of cash flowing more than its share price for the current fiscal year. Earnings are a little more difficult to forecast because hedges can cause some giant swings at unexpected times. Overall, based upon continuing operations, this is one very cheap...

California Resources ( CRC ) common stock is a speculator favorite. Whether the stock price climbs or declines speculators just love the volatility. Oil prices should begin to recover soon due to tighter supplies. That would imply "game on" for all those wanting a volatile stock that rapidly m...

MEG Energy ( OTCPK:MEGEF ) reported funds flow from operating activities of C$180 million for the fiscal year of 2018. That is as close to running on fumes as most would care to be when the long term debt balance is C$3,740 million. As always, management has a plan to fill the tank with bett...