Canadian Spirit Resources (TSE:SPI) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Canadian Spirit Resources Inc. has temporarily ceased natural gas production at its Farrell Creek/South Altares facilities due to unprofitable market conditions. The company’s recent output averaged 629 Mcf per day prior to the shutdown, and operations will resume when gas prices improve. Meanwhile, CSRI is exploring strategic alternatives to enhance the value of its resources with the assistance of Sayer Energy Advisors.
For further insights into TSE:SPI stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue