Added to YB: 2024-04-19
Pitch date: 2024-04-18
JEV.V [bullish]
Jericho Energy Ventures Inc.
-51.35%
current return
Author Info
No bio for this author
Company Info
Jericho Energy Ventures Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of crude oil and natural gas in the United States.
Market Cap
N/A
Pitch Price
CAD 0.18
Price Target
0.50 (+456%)
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
Jericho Energy Ventures – Exploring Spin-off for Hydrogen Assets
JEV.V to spin off hydrogen portfolio, creating pure-play O&G co (PV10 $0.29/sh) & H2 co to attract ESG investors. Closed $2.2M financing @ $0.20 + $0.24 warrants. H2U deal w/ De Nora for low-cost electrolysis catalysts. $0.50 PT: O&G $0.19 (0.7x NPV), H2 $0.25 (4.5x '25 sales), investments $0.03.
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