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Prairie Provident Resources Inc T.PPR

Alternate Symbol(s):  PRPRF

Energy Oil & Gas E&P
Prairie Provident Resources Inc. is a Canada-based oil and natural gas exploration company. The Company is engaged in the exploration and development of oil and natural gas, with conventional operations primarily focused on the Western Canadian Sedimentary Basin in Alberta. Its operating areas include Michichi, Princess and Evi. Its assets primarily consist of light and medium oil associated natural gas. The Company is primarily focused on development of its Wheatland and Princess properties in Southern Alberta and its Evi area located in the Peace River Arch area of Northern Alberta. Its Princess area in Southern Alberta is engaged in the development of the Glauc and Ellerslie formations. The Company's assets cover approximately 375,000 acres of area in Alberta. Its wholly owned subsidiaries include Prairie Provident Resources Canada Ltd., Lone Pine Resources Inc., Lone Pine Resources (Holdings) Inc., Arsenal Energy USA Inc. and Arsenal Energy Holding Ltd.


TSX:PPR - Post by User

Prairie Provident Resources Inc > Underpriced
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Comment by filefishon Jan 26, 2022 11:15am
108 Views
Post# 34362315

RE:Underpriced

RE:UnderpricedThey need more production that is not encumbered by hedges. The new wells are bearly keeping up with natural production declines. We need to see future guidance on wells scheduled for this year and an updated presentation. Many other O&G stocks underpriced as well. 

Justhalffull wrote: With oil approaching $90 and nat gas over $4.00, this thing is way underpriced.  Q4 results will be out in a month or so, and they will be stellar.  And Q1 2022 will be even better.  $5.00 definately in the cards.


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