ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for tools Level up your trading with our powerful tools and real-time insights all in one place.
ROK Resources Inc

ROK Resources Inc (ROK)

0.155
0.00
(0.00%)
Closed December 09 4:00PM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
0.155
Bid
0.15
Ask
0.16
Volume
-
0.00 Day's Range 0.00
0.00 52 Week Range 0.00
Market Cap
Previous Close
0.155
Open
-
Last Trade
Last Trade Time
-
Financial Volume
-
VWAP
-
Average Volume (3m)
-
Shares Outstanding
218,418,000
Dividend Yield
-
PE Ratio
-2.98
Earnings Per Share (EPS)
-0.05
Revenue
81.32M
Net Profit
-10.99M

About ROK Resources Inc

Sector
Crude Petroleum & Natural Gs
Industry
Blank Checks
Website
Headquarters
Calgary, Alberta, Can
Founded
2008
ROK Resources Inc is listed in the Crude Petroleum & Natural Gs sector of the TSX Venture Exchange with ticker ROK. The last closing price for ROK Resources was $0.16. Over the last year, ROK Resources shares have traded in a share price range of $ 0.00 to $ 0.00.

ROK Resources currently has 218,418,000 shares outstanding. The market capitalization of ROK Resources is $33.85 million. ROK Resources has a price to earnings ratio (PE ratio) of -2.98.

ROK Latest News

EMP METALS ANNOUNCES RESULTS OF LITHIUM PRELIMINARY RESOURCE ASSESSMENT

EMP METALS ANNOUNCES RESULTS OF LITHIUM PRELIMINARY RESOURCE ASSESSMENT Canada NewsWire VANCOUVER, BC, May 2, 2023 VANCOUVER, BC, May 2, 2023 /CNW/ - EMP Metals Corp. (CSE: EMPS) (OTCQB: EMPPF...

TSX Venture Exchange Stock Maintenance Bulletins

TSX Venture Exchange Stock Maintenance Bulletins Canada NewsWire VANCOUVER, BC, March 23, 2023 VANCOUVER, BC, March 23, 2023 /CNW/ -  TSX VENTURE COMPANIES CANADIAN NET REAL ESTATE INVESTMENT...

L'OCRCVM permet la reprise de la négociation - ROK

L'OCRCVM permet la reprise de la négociation - ROK Canada NewsWire VANCOUVER, BC, le 23 mars 2023 VANCOUVER, BC, le 23 mars 2023 /CNW/ - Reprise des négociations pour : Société : ROK...

IIROC Trading Resumption - ROK

IIROC Trading Resumption - ROK Canada NewsWire VANCOUVER, BC, March 23, 2023 VANCOUVER, BC, March 23, 2023 /CNW/ - Trading resumes in: Company: ROK Resources Inc. TSX-Venture Symbol: ROK All...

Suspension de la négociation par l'OCRCVM - ROK

Suspension de la négociation par l'OCRCVM - ROK Canada NewsWire VANCOUVER, BC, le 23 mars 2023 VANCOUVER, BC, le 23 mars 2023 /CNW/ - L'OCRCVM a suspendu la négociation des titres...

IIROC Trading Halt - ROK

IIROC Trading Halt - ROK Canada NewsWire VANCOUVER, BC, March 23, 2023 VANCOUVER, BC, March 23, 2023 /CNW/ - The following issues have been halted by IIROC: Company: ROK Resources...

L'OCRCVM permet la reprise de la négociation - ROK

L'OCRCVM permet la reprise de la négociation - ROK Canada NewsWire VANCOUVER, BC, le 4 févr. 2022 VANCOUVER, BC, le 4 févr. 2022 /CNW/ - Reprise des négociations pour : Société :...

IIROC Trading Resumption - ROK

IIROC Trading Resumption - ROK Canada NewsWire VANCOUVER, BC, Feb. 4, 2022 VANCOUVER, BC, Feb. 4, 2022 /CNW/ - Trading resumes in: Company: ROK Resources Inc. TSX-Venture Symbol: ROK All Issues:...

ROK RESOURCES ANNOUNCES UPSIZE TO BOUGHT DEAL PUBLIC OFFERING TO $15 MILLION

ROK RESOURCES ANNOUNCES UPSIZE TO BOUGHT DEAL PUBLIC OFFERING TO $15 MILLION Canada NewsWire REGINA, SK, Feb. 4, 2022 /NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED...

ROK Resources Inc. Announces Transformational $72 Million Acquisition of Sustainable, Producing, Oil-Weighted Assets, Including a Strategic Interest in the World-Class Weyburn CCUS EOR Project, and $75 Million in Financing

ROK Resources Inc. Announces Transformational $72 Million Acquisition of Sustainable, Producing, Oil-Weighted Assets, Including a Strategic Interest in the World-Class Weyburn CCUS EOR Project...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10000000CS
40000000CS
120000000CS
260000000CS
520000000CS
1560000000CS
2600000000CS

Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
AAAAAuralite Investments Inc
$ 0.265
(0.00%)
0
AAA.PFirst Tidal Acquisition Corp
$ 0.035
(0.00%)
0
AAAlba Minerals Ltd
$ 0.03
(0.00%)
0
A.HArmor Minerals Inc
$ 0.43
(0.00%)
0
AArmor Minerals Inc
$ 0.45
(0.00%)
0
AAAAAuralite Investments Inc
$ 0.265
(0.00%)
0
AAA.PFirst Tidal Acquisition Corp
$ 0.035
(0.00%)
0
AAAlba Minerals Ltd
$ 0.03
(0.00%)
0
A.HArmor Minerals Inc
$ 0.43
(0.00%)
0
AArmor Minerals Inc
$ 0.45
(0.00%)
0
AAAAAuralite Investments Inc
$ 0.265
(0.00%)
0
AAA.PFirst Tidal Acquisition Corp
$ 0.035
(0.00%)
0
AAAlba Minerals Ltd
$ 0.03
(0.00%)
0
A.HArmor Minerals Inc
$ 0.43
(0.00%)
0
AArmor Minerals Inc
$ 0.45
(0.00%)
0

ROK Discussion

View Posts
geodan geodan 1 year ago
I am getting very positive on ROK, ROKRF. Hard to see anything bad. Down .55 to .31 Cad in about 8 months but they may be worth more now than then. Yet 44% lower cost now. Oil is higher than then and headed down then not up now.

Debt? Since March 2022, the Company has retired more than $55 million of debt while increasing its base production from 3,000 boepd to 3,750 boepd (>25%). The Company has retained a $22.5 million revolving credit facility, with current net debt estimated at $10 million.

Hedging Update: As a result of the early Term Loan repayment, the Company made the strategic decision to unwind certain commodity swap hedges placed in 2023, 2024 and 2025. BTW they made a bunch on hedges they put on in 90s. I think oil is now going to $100ish. They played it smart first time, think they are also this time.

Management for a $66 million Cad company is superb and proven. They have built and sold at a profit 3-4 oil companies in past. The COO is young.

How did they pay off all that debt? "Notably, since the FCL acquisition in March 2022, the Company has disposed of approximately $74 million in non-core assets representing ~31% of production and ~127% of the purchase price, after closing adjustments." https://rokresources.ca/assets/rok-resources-inc-investor-presentation-july-2023.pdf

BTW it was selling a tiny percent of Weyburn Unit (all that they had) for a lot. So they make a 27% profit in 1 year yet kept 69% of what they bot production wise, Wow! So the debt is almost gone now and they have 3.750 bopd production. Their usd mkt cap is $50 million. They sold $15 million Cad more than their entire current mkt cap and yet still have 69% of what they bot, just selling 31%. Seems they are good dealmakers.

2023E Net Debt/EBITDA is 0.2X, 2023E EV/EBITDA 2.4 and they are free cash flowing.

Did I get any of this wrong?
👍️0

Your Recent History

Delayed Upgrade Clock