Rubellite Energy Inc. (T:RBY)
Business Focus: Oil & Gas Exploration and Production (NEC)
Sunny as of April 01, 2024
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Insider Filings
Latest 10 SEDI filings for RBY within the last 6 months
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Company News
Mar 14, 2024 19:58 ET
RUBELLITE ENERGY INC. REPORTS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL AND OPERATING RESULTS AND YEAR-END 2023 RESERVES AND PROVIDES OPERATIONS UPDATE AND FIRST QUARTER AND FULL YEAR 2024 GUIDANCE
CALGARY, AB, March 14, 2024 /CNW/ - (TSX: RBY) – Rubellite Energy Inc. ("Rubellite", or the "Company"), a pure play Clearwater oil exploration and development company, is pleased to report fourth quarter and full year 2023 financial and operating results, select information from the Company's independent year-end 2023 reserve report, evaluated by McDaniel and Associates Consultants Ltd. ("McDaniel"), provides an operations update for the first quarter of 2024 and provides first quarter and full year 2024 guidance. A copy of Rubellite's audited financial statements, Management's Discussion an
Jan 16, 2024 18:37 ET
RUBELLITE ENERGY INC. ANNOUNCES FOURTH QUARTER 2023 PRODUCTION AND POSITIVE STEP-OUT WELL RESULTS AT FIGURE LAKE, AND PROVIDES HEDGING UPDATE
CALGARY, AB, Jan. 16, 2024 /CNW/ - (TSX: RBY) – Rubellite Energy Inc. ("Rubellite" or the "Company"), a pure play Clearwater oil exploration and development company, is pleased to release its preliminary fourth quarter 2023 and current production results, update commodity price risk management contracts and provide an operational update, all of which highlight successful advancement of Rubellite's growth focused business plan centered around the attractive Clearwater play. Highlights include:
Valuation Ratios
Industry
Sector
Beta
N/A
--
--
Price to Sales - TTM
2.11
3.60
3.66
Price to Book - most recent quarter
0.85
1.41
1.79
Price to Cash Flow per share - TTM
3.69
4.82
5.68
Price to Free Cash Flow per share - TTM
--
15.93
16.93
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 13,129 | 10,404 |
| Mar 31, 2024 | 2,725 | -2,250 |
| Mar 15, 2024 | 4,975 | -2,951 |
Business Summary
| Sector: Energy | Industry: Oil & Gas Exploration and Production |
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.
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