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Bullboard - Stock Discussion Forum Valeura Energy Inc. T.VLE

Alternate Symbol(s):  VLERF

Valeura Energy Inc. is a Canada-based upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and onshore Turkey. It is also pursuing inorganic growth in Southeast Asia. It holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5... see more

TSX:VLE - Post Discussion

Valeura Energy Inc. > $4.50 cad in net cash at exit 2024
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Post by nozzpack on Feb 21, 2024 2:19pm

$4.50 cad in net cash at exit 2024

VLE added $49 million US to net cash in Q4, boosting net cash to $200 million cad at exit 2023.

At current Brent and forecast 2024 production , VLE have an excellent chance of adding $250 million cad to net cash in 2024, boosting net cash at exit 2024 to about $450 million cad which is about $4.50 per share .

These are reasonable assumptions which means that VLE is brutally undervalued at its current trading price..
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