Added to YB: 2025-01-02
Pitch date: 2024-12-28
PTAL.L [bullish]
PetroTal Corp.
-29.21%
current return
Author Info
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Company Info
PetroTal Corp. engages in the acquisition, exploration, appraisal, development, and production of oil and natural gas properties in Peru.
Market Cap
CAD 436.8M
Pitch Price
CAD 0.28
Price Target
1.20 (+497%)
Dividend
13.59%
EV/EBITDA
2.46
P/E
5.98
EV/Sales
1.39
Sector
Oil, Gas and Consumable Fuels
Category
value
PTAL - OB 2024 Ideas Review
PTAL.L: Peru oil producer facing drought challenges. Q3 beat w/ 15.16K bbl/d, 39% YoY. $133M cash. New wells, Block 131 acquisition. 30.5% discount to NAV. 15.5% yield + buybacks. Risks: river levels, politics. 200M bbl reserves. $1.6B NPV. 25-34K bopd by 2028. 16p EPS forecast for 2026. £1.20 PT at 4x earnings.
Read full article (4 min)