TORC Oil and Gas Ltd operates in the Crude petroleum and natural gas sector.
In addition to historical fundamental analyses, the complete report available to purchase compares TORC Oil and Gas Ltd with three other
companies in this sector in Canada:
Spartan Energy Corp
(2017
sales of 359.26 million Canadian Dollars [US$284.45 million]
),
Cona Resources Ltd
(337.52 million Canadian Dollars [US$267.24 million]
of which 100%
was Petroleum & Natural Gas), and
Prairiesky Royalty Ltd
(345.70 million Canadian Dollars [US$273.71 million]
).
Sales Analysis.
TORC Oil and Gas Ltd reported sales of C$326.19 million (US$258.27 million)
for the
year ending
December of 2017.
This
represents
an
increase of 36.8%
versus 2016, when the company's sales were C$238.50 million.
Sales of Ngl saw an increase
that was more than double the company's growth rate: sales were up
105.1% in 2017, from
C$3.38 million to C$6.92 million.
Not all segments of TORC Oil and Gas Ltd experienced an increase in sales in 2017:
sales of Natural Gas fell 4.7% to C$9.59 million.
(However, this segment's sales were only a very small portion of the company's overall sales).