Free Trial

New Stratus Energy Q2 2023 Earnings Report

C$0.47 -0.02 (-3.09%)
(As of 11:01 AM ET)

New Stratus Energy Earnings Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
New Stratus Energy Inc NSE
See More New Stratus Energy Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like New Stratus Energy? Sign up for Earnings360's daily newsletter to receive timely earnings updates on New Stratus Energy and other key companies, straight to your email.

About New Stratus Energy

New Stratus Energy (CVE:NSE) engages in the acquisition, exploration, and development of oil and gas properties principally in Latin America. It has a farm-in agreement to acquire 100% interests in Block VMM-18 located in Cuenca Valle Medio del Magdalena, Colombia; and operates Blocks 16 and 67 oil consortiums located in Ecuador. The company was formerly known as Red Rock Energy Inc. and changed its name to New Stratus Energy Inc. in August 2017. New Stratus Energy Inc. was incorporated in 2005 and is based in Calgary, Canada.

View New Stratus Energy Profile

More Earnings Resources from MarketBeat

Upcoming Earnings