983.05MMarket Cap-21000P/E (TTM)
2.980High2.860Low1.03MVolume2.910Open2.900Pre Close3.01MTurnover0.47%Turnover RatioLossP/E (Static)334.37MShares5.75052wk High-61.25P/B651.96MFloat Cap2.22552wk Low--Dividend TTM221.75MShs Float21.910Historical High--Div YieldTTM4.14%Amplitude0.370Historical Low2.912Avg Price1Lot Size
Novagold Resources Stock Forum
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Wall Street Summary
Tumbling technology stocks cast a pall over a trading day in which the $Dow Jones Industrial Average(.DJI.US)$ ended at a new all-time high, showing how much sway a few giant technology f...
TOP WATCH AH + 6/29 ⚡️⚡️
Most anticipated earnings for week starting Jun 26, 2023
Most anticipated earnings for week starting Apr 03, 2023
Financing. It's very hard to get borrowers to invest in oil and gas right now, thus, any new D&C activity must be financed by free cash flow.
Operating costs. Everything has gone up in price. A lot. I know it's a meme on here, but inflation is very real. Chemical costs, steel costs, hydrochloric acid costs, labor costs, all have gone up more than 15% this year. This heavily impacts our ability to D&C new wells and stay cash flow positive.
Demand for WTI and NG hasn't decreased substantially from pre-pandemic levels. We are only going to see an even further crunch in prices as demand continues to remain constant and our ability to add to supply decreases.
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