Added to YB: 2024-06-17
Pitch date: 2024-06-14
GENL.L [bullish]
Genel Energy plc
-39.54%
current return
Author Info
No bio for this author
Company Info
Genel Energy plc, together with its subsidiaries, operates as an independent oil and gas exploration and production company.
Market Cap
GBP 201.0M
Pitch Price
GBP 0.95
Price Target
7.75 (+1248%)
Dividend
N/A
EV/EBITDA
2.33
P/E
-3.24
EV/Sales
0.95
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
Genel Energy
GENL.L: Genel Energy - KRG issues: pipeline closure, terminated PSAs ($1.4B invested). Now breakeven on local sales, $107M cash+receivables ($0.83/shr NAV). Upside: Erbil pipeline reopening ($100M FCF, $1.82/shr) + arbitration win ($1.4B, $5.10/shr) vs $0.83/shr downside. Caveats: geopolitics, litigation uncertainty.
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