ROK Resources (TSE:ROK) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
ROK Resources Inc. has reported robust drilling results for 2024, including the drilling of highly productive oil wells in Saskatchewan and the discovery of three new fields, positioning the company for increased production and reserves. Additionally, ROK has adjusted its 2024 guidance, reducing capital expenditures by 17% amidst market volatility, while only experiencing a minor 4% drop in production forecasts.
For further insights into TSE:ROK stock, check out TipRanks’ Stock Analysis page.