April 21 Webinar: Rubellite Energy (RBY.TO)

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dan_s
Posts: 36895
Joined: Fri Apr 23, 2010 8:22 am

April 21 Webinar: Rubellite Energy (RBY.TO)

Post by dan_s »

April 21: This will be a LIVE webinar featuring Sue Riddell Rose, President and CEO of Rubellite Energy Corp.
Registration is required if you want to attend the live event.

More about Rubellite Energy Corp:
Rubellite is a growth-focused, Clearwater and Mannville Stack heavy oil explorer and producer. With their well-defined Clearwater and Mannville Stack development assets in Eastern Alberta and an active exploration program, Rubellite is utilizing multi-lateral drilling technology to deliver robust organic heavy oil growth and generate exceptional corporate returns.

You can find our updated profile on Rubellite Energy under the Small-Cap tab on the EPG website.
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 36895
Joined: Fri Apr 23, 2010 8:22 am

Re: April 21 Webinar: Rubellite Energy (RBY.TO)

Post by dan_s »

On April 11th RBY.TO was trading at $1.66Cdn.
> First Call's price target was $3.38Cdn
> My current valuation is $5.50Cdn, which equates to $3.85US for RUBLF

Rubellite Energy is an Aggressive Growth heavy oil company. The U.S. must have a steady supply of heavy oil ("black oil") to make the diesel this country runs on.

Rubellite's production increased by 97.7% in 2023 and another 92.0% in 2024 to 6,339 Boepd.
Based on the Company's guidance, production should increase more than 90% year-over-year in 2025 to an exit rate of ~12,500 Boepd.
Dan Steffens
Energy Prospectus Group
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