Added to YB: 2025-05-16
Pitch date: 2025-03-29
PEN.OL [bullish]
Panoro Energy ASA
-18.2%
current return
Author Info
No bio for this author
Company Info
Panoro Energy ASA, an independent exploration and production company, engages in the exploration, development, and production of oil and gas properties in Africa.
Market Cap
NOK 275.0M
Pitch Price
NOK 24.57
Price Target
41.25 (+105%)
Dividend
10.92%
EV/EBITDA
2.63
P/E
4.65
EV/Sales
1.30
Sector
Oil, Gas and Consumable Fuels
Category
value
Panoro Energy ASA - $PEN.OL
PEN.OL: African oil firm - Dussafu (17.5%, Gabon), Block G (14.25%, Eq. Guinea), Tunisia (49%). Prod ramping to 12k bbl/d exit rate. $80M FCF in 2025 (27% yield) + 500M NOK shareholder returns (15% of mkt cap). Cheap at $22k/bbl flowing, $10/bbl 2P, 2.1x EBITDA. Catalysts: hitting production targets, Bourdon prospect success.
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