Post by
Dragon1 on Dec 10, 2021 3:21pm
Sleeper
This is a small company basically ignored by analysts.They have a good debt reduction-Capex strategy with enough hedging to ensure stability.I f we see POO 65-75$ the sp could double by 2023 and if oil goes 85$ or more....
One of the few oil companies left that can still easily double in price.
Comment by
Renofund on Dec 10, 2021 4:09pm
Ignored by analysts? It is covered by almost every large shop lol
Comment by
Rational43 on Dec 13, 2021 11:47am
Time is on our side. Debt will be completely repaid in 2022 then cashflow at 40-50% of market cap per year while holding production flat. I hope they buyback shares with excess cash before they pay a dividend. Steal shares while they are there to be stole, because in a few years they will be multiples of today's price.