Rockrose Energy Share Discussion Threads

[podgyted] 14/4/2020 08:44

"Earnings are forecast to grow 26.34% per year"

They were - doubt it now.

[robo175] 14/4/2020 06:59

Yes and the share has decreased 60% and values without cash.

[ammu12] 14/4/2020 06:57

RockRose Energy plc operates as an independent oil and gas production company.REWARDSTrading at 90.3% below its fair valueEarnings are forecast to grow 26.34% per yearEarnings grew by 116.4% over the past year

[ammu12] 14/4/2020 06:56

https://simplywall.st/stocks/gb/energy/lse-rre/rockrose-energy-shares?utm_medium=finance_user&utm_campaign=conclusion&utm_source=yahoo&blueprint=1169242#executive-summary

[ammu12] 12/4/2020 21:45

In the biggest oil output cut ever, the countries will keep gradually decreasing curbs on production in place for two years until April 2022.OPEC+ has said it wanted producers outside the group, such as the United States, Canada, Brazil and Norway, to cut a further 5% or 5 million bpd.Three OPEC+ sources said effective oil output cuts could be close to 20 million bpd. if contributions from non-members, steeper voluntary cuts by some OPEC+ members and strategic stocks purchases were taken into account.Gulf members of the Organization of the Petroleum Exporting Countries would be cutting output more steeply than agreed, OPEC+ sources said. The sources said the International Energy Agency (IEA) would announce purchases into stocks by its members on Monday.The IEA did not immediately respond to a request for comment.SEVERE DISTRESSTrump had threatened OPEC leader Saudi Arabia with oil tariffs and other measures if it did not fix the market's oversupply problem as low prices have put the U.S. oil industry, the world's largest, in severe distress.Canada and Norway had signalled willingness to cut and the United States, where legislation makes it hard to act in tandem with cartels such as OPEC, said its output would fall steeply by itself this year due to low prices.

[gooner1886] 12/4/2020 21:20

Cheers bud

[ammu12] 12/4/2020 21:11

Good for you.Stay safe...

[gooner1886] 12/4/2020 20:50

Im a electrical engineer in Iraq, plenty of time on my hands on the night shift :-)

[ammu12] 12/4/2020 20:29

Come back after 2 months then.Why spending Sunday night on this bb then ? Lol

[gooner1886] 12/4/2020 19:53

Yea this is a bargain its come from 22 quid not sayin that, but i rekon there could be a better entry next 2 months

[mustau] 12/4/2020 19:41

Not expecting massive things in most companies next 2/3 months, you can’t see a bargain your loss!!

[gooner1886] 12/4/2020 19:22

I dont think its enough not expecting massive things next 2/3 months in oilys unfortunatly, patience key here for a very good entry

[ammu12] 12/4/2020 19:21

Opec deal done should see gap up Tuesday.

[ammu12] 10/4/2020 17:19

The Committee decided that whilst it has a general frameworkfor targets, it was not appropriate to set specific targets for 2019, and will not set specific targets for 2020 either, as the Companyis still in an active acquisition mode and was looking to ensure that the management team focus on evaluating and pursuing further development and acquisition opportunities throughout the year.

[slartybartfaster] 09/4/2020 20:24

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[jbrisky] 09/4/2020 19:49

hxxps://youtu.be/iwUZd7-k3uk

Nice bit from ii on FB
RRE gets a strong mention around 9 minutes

[ammu12] 09/4/2020 16:21

Saudi's oil minister is calling for "bold" cuts #OOTT

[dunderheed] 09/4/2020 16:16

I got offered 9.09 for 1000 purchase but didnae take it, however indicates the spread at close of play.

[jason_scrap] 09/4/2020 16:01

Happy with that week :)

[mustau] 09/4/2020 15:44

Thanks,

Wanted to add but not with that spread.