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B
Review of Raging River Exploration
DEC 18, 2017 - A smaller, growth-oriented E&P oil play. The stock has underperformed with higher oil prices, as more leveraged names attract investor attention. With best-in-class netbacks, a solid balance sheet, and a rare discount valuation, we see good recovery potential. Rating maintained at 'B'.
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5i Recent Questions
Q: You are advising people that it is time to unload Raging River. I see it is still in the Growth Portfolio. Do you plan on selling it soon, I am interested in what you will replace it with. Thanks.
Q: Why do you think it is now very likely that the deal will be approved?
Thanks!
Thanks!
Q: With RRX dropping so much in the past week would you recommend selling all or part of my 3000 shares before the vote?
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