Added to YB: 2024-04-19
Pitch date: 2024-04-18
JEV.V [bullish]
Jericho Energy Ventures Inc.
-48.65%
current return
Author Info
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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 (+426%)
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.
Read full article (2 min)