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Bullboard - Stock Discussion Forum Valeura Energy Inc T.VLE

Alternate Symbol(s):  VLERF

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora... see more

TSX:VLE - Post Discussion

Valeura Energy Inc > Another Excellent Proxy
View:
Post by nozzpack on Dec 19, 2022 8:28pm

Another Excellent Proxy

My former investments , HWX with a current market cap of $1.35 billion.
Produces 11800 barrels per day, 90% heavy oil.
Outstanding balance sheet, great management  and will begin paying a dividend in Q1 of 2023.

Yet, it cannot match all  Valeura' s metrics yet trades at a market cap 10 times higher.

Plus, we know a dividend is part of SG plan..
Comment by traderlong2 on Dec 19, 2022 9:39pm
Think the market will re rate us when the annoucement comes out that VLE is currently pumping 25,000 BPD and expect this to increase with the infill drilling ! PS very little to NO DEBT  (Jan/Feb/March)? but its coming then we see a share price much higher. Our goal post from the recent analyst reports with targets of $4.50 and $8.25 Sean would not have mentioned Divy in the last video if he ...more  
Comment by traderlong2 on Dec 19, 2022 10:07pm
Cardnial energy CJ is a great comp Currently pumping 21,700 BOPD netback 42.72 2023 budget highlights:   Generate adjusted funds flow of $270-million at an $80-(U.S.)-per-barrel WTI (West Texas Intermediate) price; Maintain net debt level below $50-million; Dividend level maintained at six cents per share with potential for further shareholder returns through a normal course ...more  
Comment by nozzpack on Dec 19, 2022 10:32pm
Thank you Cardinal is an excellent proxy for Valeura, perhaps the best.....but all consistent in showing massive undervaluation at current prices..