ROK Resources (TSE:ROK) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
ROK Resources Inc. has announced its H2 2024 guidance, focusing on enhancing shareholder value by developing conventional light oil prospects in Southeast Saskatchewan, with a strategic reduction in capital expenditures and a stable balance sheet. The company projects an average daily production increase to 4,150 boepd and expects to maintain a healthy debt to cash flow ratio, while intensifying drilling activities in their core operating areas.
For further insights into TSE:ROK stock, check out TipRanks’ Stock Analysis page.
