RBC downgrades Elk valuation

RBC Capital Markets has downgraded its valuation of US-focused oil and gas producer Elk Petroleum from outperform to sector perform and its price target from 15 cents per share to 4c over its debt burden.

Elk downgraded by RBC

06 February 2019
comments
share

Ichthys LNG is our pride and joy: INPEX CEO

SPONSORED
inpex australia
Trusted Design Engineers for 30+ years. Committed to quality under ISO 9001:2015

SPONSORED
cdms consulting engineers
Has your organization been chasing asset and process efficiency improvements?

SPONSORED
honeywell

The bank has been a strong backer of the Rocky Mountain-focused company, declaring last year it "believed in Mr Grieve" and picturesquely suggesting the former junior's move into the Aneth field had

Free daily briefing get newsletter

An invaluable asset to Australasia's oil and gas sector

Subscribe today and enjoy full access to EnergyNewsBulletin.net - the most comprehensive source of energy sector news and information.

EnergyNewsBulletin.net Package

From $995 per year* (excluding GST)

SUBSCRIBE NOW

Full access to EnergyNewsBulletin.net resources on desktop and mobile
Industry leading insights into the future of energy
Expert market views on digitalization and renewables
In-depth features on advancements in technology
A ﬁrst look at latest commodity price updates and breaking news
2 daily newsletters covering hot topics in operations and investment
Access to the complete Energy News Bulletin archive since 2006

Try EnergyNewsBulletin.net for 30 days for ONLY $1

START YOUR TRIAL

best value

Resource Sector Investment Package

From $1,495.45 per year* (excluding GST)

SUBSCRIBE NOW

All the benefits of EnergyNewsBulletin.net package, plus Unlimited access to MiningNews.net
Access to all MiningNews.net articles and additional features
MiningNews.net daily newsletters
Exclusive monthly newsletter from RESOURCESTOCKS featuring select commodity market analysis and latest company profiles.