Added to YB: 2024-10-31
Pitch date: 2024-10-30
VLE.TO [bullish]
Valeura Energy Inc.
+15.2%
current return
Author Info
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Company Info
Valeura Energy Inc., together with its subsidiaries, engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.
Market Cap
CAD 343.7M
Pitch Price
CAD 4.54
Price Target
N/A
Dividend
N/A
Sector
Oil, Gas and Consumable Fuels
Category
value
A Tourist's Musings - Valeura Energy Inc.
VLE.TO: Thai oil producer w/ 20-25k boed, $27 OpEx, $18 CapEx. 37.9MMbbl 2P reserves (5.2yr RLI). Aim to extend reserves to 50MMbbl, reducing depletion costs. Catalysts: corporate restructuring for tax losses, M&A (pref. gas assets). Undervalued at current multiple. Cash pile near market cap by 2024 end.
Read full article (3 min)