Professional
Added to YB: 2024-11-22
Pitch date: 2024-11-21
ORXGF [bullish]
Orca Energy Group Inc.
+83.55%
current return
Author Info
No bio for this author
Company Info
Orca Energy Group Inc. engages in the exploration, development, production, and supply of petroleum and natural gas to the power and industrial sectors in Tanzania.
Market Cap
CAD 112.3M
Pitch Price
CAD 1.39
Price Target
2.87 (+13%)
Dividend
13.33%
EV/EBITDA
0.65
P/E
11.66
EV/Sales
0.47
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
Generation PMCA Portfolio Holding: Orca Energy Group Inc.
ORXGF: Tanzania gov't dispute over gas contracts. Suing for new contracts & lease extension beyond 2026. >50% cash/share vs price. Recent lawsuits vs gov't successful. Expecting outsized returns from cash, FCF (even reduced), potential lawsuit proceeds. Dec discussions planned.
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