Rubellite Energy Inc.

Equities

RBY

CA78111B2066

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. Other stock markets 03:49:44 2024-04-25 pm EDT			5-day change	1st Jan Change
2.68 ^CAD	0.00%		-1.47%	+33.33%

Mar. 20	Rubellite Energy Maintained at Buy at Stifel FirstEnergy Following Q4 Results; Price Target Lowered to C$3.60	MT
Mar. 15	Rubellite Energy Jumps 9% As Posts Lower Q4 Net Income YOY; Provides Q1 and Full Year 2024 Guidance	MT

Rubellite Energy Inc. announced that it has received $50 million in funding

October 03, 2021

On October 4, 2021, Rubellite Energy Inc. closed the transaction. The company amended the terms of the transaction. The company now received $50,000,000 in the transaction. The company received $20,000,000 in its second and final tranche.

Latest news about Rubellite Energy Inc.

Rubellite Energy Maintained at Buy at Stifel FirstEnergy Following Q4 Results; Price Target Lowered to C$3.60	Mar. 20	MT
Rubellite Energy Jumps 9% As Posts Lower Q4 Net Income YOY; Provides Q1 and Full Year 2024 Guidance	Mar. 15	MT
North American Morning Briefing : Inflation Worries Continue to Weigh on Mood	Mar. 15	DJ
Rubellite Energy Posts Lower Q4 Net Income YOY; Provides Q1 and Full Year 2024 Guidance	Mar. 15	MT
Rubellite Energy Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 14	CI
Rubellite Energy Inc. Provides Production Guidance for the First Quarter and Full Year 2024	Mar. 14	CI
Rubellite Energy Provides Q4 2023 Production, 'Positive' Step Out Well Results at Figure Lake; Offers Update on Commodity Price Risk Management Contracts; Up Nearly 5%	Jan. 17	MT
Rubellite Energy Provides Q4 2023 Production, 'Positive' Step Out Well Results at Figure Lake; Offers Update on Commodity Price Risk Management Contracts	Jan. 17	MT
Rubellite Energy Inc. Reports Production Results for the Fourth Quarter 2023	Jan. 15	CI
Rubellite Energy Inc. Provides Operational Update	Jan. 15	CI
Rubellite Energy Brief: Announcing Royalty Sale and Risk Management Update	Dec. 04	MT
Source Rock Royalties Acquires a Royalty on Central Alberta Heavy-Oil Property for C$8 Million	Dec. 04	MT
Rubellite Energy Kept at Outperform at BMO Following Q3 Results Beat; Price Target Raised to C$3.50	Nov. 10	MT
Rubellite Energy Inc. Reports Production Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 09	CI
Rubellite Energy Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 09	CI
Rubellite Energy Inc. Revises Production Guidance for the Year 2023	Nov. 09	CI
Rubellite Energy Inc. acquired additional Clearwater assets within the Figure Lake and Edwand areas in Alberta for CAD 34 million.	Nov. 07	CI
Rubellite Energy Price Target Raised to $4 at Raymond James	23-10-23	MT
Rubellite Energy Gains 7% As Details Strategic Clearwater Buy, Credit Facility Expansion; Revises 2023 Guidance	23-10-20	MT
Rubellite Energy Maintained at Buy at Stifel FirstEnergy Following Clearwater Lands Purchase; Price Target Raised to C$3.80	23-10-20	MT
Rubellite Energy Details Strategic Clearwater Buy, Credit Facility Expansion; Revises 2023 Guidance	23-10-20	MT
North American Morning Briefing : Bond Yields, Geopolitics Continue to Take Their Toll	23-10-20	DJ
Rubellite Energy Inc. Announces Operations Update	23-10-19	CI
Rubellite Energy Inc. Revises Sales Production Guidance for the Year 2023	23-10-19	CI
Rubellite Energy Inc. Announces Credit Facility Expansion	23-10-19	CI

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Company Profile

Rubellite Energy Inc. is a Canadian energy company. The Company is engaged in the exploration, development and production of heavy crude oil from the Clearwater formation in Eastern Alberta, utilizing multi-lateral drilling technology. It is developing its pure Play Clearwater asset base in Eastern Alberta utilizing multi-lateral drilling technology. It has over 140 net sections of land prospective for Clearwater heavy oil exploration and development. Its operations include Ukalta, Figure Lake and Marten Hills. The Ukalta is located approximately 55 miles northeast of Edmonton. It has a 100% working interest at Figure Lake. It has accumulated close to 85 sections of land prospective for the Clearwater play in the Figure Lake area. It is actively developing its three sections of land at Marten Hills.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-08 - Q1 2024 Earnings Release (Projected)

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.68 CAD

Average target price

4.1 CAD

Spread / Average Target

+52.99%

Consensus

EPS Revisions

Estimates Revisions

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