Orca Energy Group Inc

ORC.A

Equity

ISIN VGG6769T1075 / Valor 1884678

TSX Venture Exchange (2024-12-24)

CAD 3.09%

Orca Energy Group Inc
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Orca Energy Group Inc is a key player in the energy sector, primarily operating the Songo Songo gas field located offshore Tanzania. The company plays a crucial role in the Tanzanian energy landscape by providing reliable and affordable natural gas, which is fundamental for the country's power generation, industrial development, and overall economic growth. Orca Energy is responsible for both upstream activities—such as the extraction of natural gas—and downstream operations, including the processing of gas at the Songas plant and managing the distribution network in Dar es Salaam. This comprehensive involvement ensures a steady supply of natural gas to meet the growing energy demands of Tanzania. Orca Energy is also committed to expanding its production capabilities and distribution reach, with plans to enhance its infrastructure based on future seismic exploration results and contractual agreements. This strategy aims at increasing sales volumes and extending the supply of industrial gas, with an eye towards replacing more carbon-intensive and costly energy sources. Additionally, the company emphasizes safe and efficient operations, stakeholder engagement, and maintaining a transparent approach regarding its environmental impact. Orca Energy's business strategy includes a focus on sustainable growth, shareholder value through regular dividends, and a Normal Course Issuer Bid, reflecting its commitment to long-term stakeholder returns and operational excellence in the Tanzanian energy sector.

Summarized from source with an LLMView SourceSector: Energy

Latest Results ():

Summarized from source with an LLMView Source

Key figures

-95.1%1Y

-95.1%3Y

%5Y

Performance

2,233%1Y

2,233%3Y

2,233%5Y

Volatility