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TORC Oil & Gas Ltd (TOG.TO)

TOG.TO on Toronto Stock Exchange

4.38CAD
14 Dec 2018
Change (% chg)

$-0.10 (-2.23%)
Prev Close
$4.48
Open
$4.40
Day's High
$4.48
Day's Low
$4.29
Volume
965,840
Avg. Vol
847,591
52-wk High
$8.12
52-wk Low
$4.02

Latest Key Developments (Source: Significant Developments)

Torc Oil & Gas Ltd. Announces 2019 Capital Budget And Production Guidance
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - TORC Oil & Gas Ltd ::TORC OIL & GAS LTD. ANNOUNCES 2019 CAPITAL BUDGET AND PRODUCTION GUIDANCE; CONFIRMS DECEMBER DIVIDEND.TORC OIL & GAS LTD - CONFIRMS DECEMBER DIVIDEND.TORC OIL & GAS LTD - BOARD OF DIRECTORS HAS APPROVED AN INITIAL 2019 CAPITAL BUDGET OF $180 MILLION.TORC OIL & GAS - SEES $180 MILLION 2019 CAPITAL BUDGET TO MAINTAIN 2018 EXIT PRODUCTION LEVELS RESULTING IN 2019 AVERAGE & EXIT PRODUCTION OF 28,000 BOEPD.  Full Article

Torc Oil & Gas Confirms Guidance, Increases Bank Line
Wednesday, 27 Jun 2018 

June 27 (Reuters) - TORC Oil & Gas Ltd ::TORC OIL & GAS ANNOUNCES CLOSING OF STRATEGIC ACQUISITION IN SOUTHEAST SASKATCHEWAN; CONFIRMS GUIDANCE; INCREASES BANK LINE.CONFIRMS PREVIOUSLY ANNOUNCED 2018 BUDGET OF $180 MILLION.2018 CAPITAL PROGRAM WILL REMAIN CONCENTRATED ON PRIMARY CORE AREAS IN SOUTHEAST SASKATCHEWAN AND CARDIUM PLAY IN CENTRAL ALBERTA.EXPANDED ITS AVAILABLE CREDIT FACILITY TO $500 MILLION FROM $400 MILLION PREVIOUSLY.CONFIRMS UPWARD REVISION TO 2018 GUIDANCE COMPRISED OF AVERAGE PRODUCTION OF 24,700 BOEPD AND 2018 EXIT PRODUCTION OF 27,000 BOEPD.  Full Article

Torc Oil & Gas Increases 2017 Average Production Guidance To 20,800 BOEPD
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Torc Oil & Gas Ltd ::TORC OIL & GAS LTD. ANNOUNCES 2018 CAPITAL BUDGET AND PRODUCTION GUIDANCE; A SERIES OF TUCK-IN ACQUISITIONS; AND INCREASED 2017 GUIDANCE.TORC OIL & GAS LTD - BOARD OF DIRECTORS HAS APPROVED 2018 CAPITAL BUDGET OF $165 MILLION.TORC OIL & GAS LTD - CO INCREASING 2017 AVERAGE PRODUCTION GUIDANCE TO 20,800 BOEPD (88% LIGHT OIL & LIQUIDS) FROM 20,600 BOEPD.TORC OIL & GAS LTD - ‍TORC ANTICIPATES THAT $165 MILLION 2018 CAPITAL BUDGET WILL RESULT IN 2018 AVERAGE PRODUCTION OF 23,000 BOEPD (87% LIGHT OIL & LIQUIDS)​.TORC OIL & GAS LTD SAYS YEAR-END 2017 NET DEBT ESTIMATED TO BE APPROXIMATELY $285 MILLION ON A BANK LINE OF $400 MILLION.TORC OIL & GAS LTD - INCREASING 2017 EXIT GUIDANCE TO 22,500 BOEPD (87% LIGHT OIL & LIQUIDS) FROM 21,500 BOEPD.TORC OIL & GAS LTD - TORC'S 2018 CAPITAL BUDGET IS WEIGHTED TO SECOND HALF OF YEAR.  Full Article

Torc Oil & Gas Ltd reports Q3 ‍adj FFO per share of $0.24​
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Torc Oil & Gas Ltd :Torc Oil & Gas Ltd announces third quarter 2017 financial & operational results; strategic tuck-in acquisitions; and increase to production guidance.Torc Oil & Gas Ltd - ‍quarterly production of 20,992 boepd, up from 20,775 boepd in Q2 of 2017​.Torc Oil & Gas Ltd - ‍increasing 2017 average production guidance to 20,700 boepd and exit guidance to 21,500 boepd​.Torc Oil & Gas - co ‍expected to achieve free cash flow in 2017 after organically growing production and paying dividend​.Torc Oil & Gas ltd qtrly ‍adj FFO per share $0.24​.  Full Article

CANADA STOCKS-TSX gains led by energy shares

Dec 12 Canada's main stock index rose on Wednesday, helped by shares of energy companies as oil prices gained after an industry report showed a drop in U.S. crude inventories and a cut in Libyan supplies.