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Painted Pony Pete Ltd PDPYF

"Painted Pony Energy Ltd Petroleum explores, develops, and produces petroleum and natural gas. The company focuses on the development of natural gas and natural gas liquids. The company's operations take place near the Montney formation in Northeast British Columbia. The Montney location is a sweet natural gas-saturated zone (natural gas that does not contain hydrogen sulfide or significant quantities of carbon dioxide) with no associated or underlying water. The company also has multiple gas pr


OTCPK:PDPYF - Post by User

Bullboard Posts
Comment by Squint1on Dec 17, 2016 11:18am
160 Views
Post# 25614273

RE:In your opinions...

RE:In your opinions...Based on the info below, PPY would be at $13.65 if it was valued at the same (7.5) 2017 cash flow multiple as the others.  I would say it will close half of the gap between where it is now at a 5.2 multiple and be around $11.50 after the Q4 release...just a guess.
 
  Painted  Tourmaline Advantage Peyto Birchcliff
  Pony        
           
Cash Flow - Q3 2016 $12,441 $185,684 $44,934 $118,801 $39,908
Av. Shares Outstanding  101,138,916  235,627,273  186,647,811  164,630,168  229,287,000
Cash Flow per share $0.12 $0.79 $0.24 $0.72 $0.17
Multiple  19.1  11.2  9.4  11.7  14.1
Current Share price $9.40 $35.35 $9.10 $33.88 $9.82
           
           
Est. Cash Flow per share - 2017 $1.82 $4.96 $1.20 $4.40 $1.61
Multiple  5.2  7.1  7.6  7.7  6.1

Bullboard Posts