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Alvopetro Energy Ltd V.ALV

Alternate Symbol(s):  ALVOF

Alvopetro Energy Ltd. is a Canada-based company, which is engaged in the exploration for, and the acquisition, development and production of, hydrocarbons in Brazil. The Company is specialized in the development of Brazil's independent onshore natural gas industry with the Company's Cabure natural gas asset and midstream projects. It has interests in the Cabure and Murucututu natural gas assets, two exploration blocks (Block 182 and Block 183) and two oil fields (Bom Lugar and Mae-da-lua), in the Reconcavo basin onshore Brazil. The Cabure Field extends across four blocks in the Reconcavo Basin in the state of Bahia in Brazil, two of which are held by the Company and two of which are held by its partner. The Company's Murucututu natural gas project extends across Blocks 183 and 197, both held 100% by it. The Company is producing approximately 14 barrels of oil and/or natural gas liquids (condensate) per day (bopd) based on field estimates.


TSXV:ALV - Post by User

Comment by JayBankson May 25, 2023 11:34am
162 Views
Post# 35463859

RE:RE:RE:Did you know ?

RE:RE:RE:Did you know ?

IanB85 wrote: Simialr - up about 20% right now; past few days have been great... any idea why? lol

 

No real clue, but my guesses would be people finding and getting more familiar with the name...

I was tipped off on the name by anouther poster on anouther platform to check this out early in the new year and a month or so later I jumped in, But I also noticed it started popping up on some screeners and was added to dividend history site I used a week or so after I bought in.

Earnings are solid, the product pricing is too good to the point its growth is unsustainable and I think it will pull back but it shouldn't hurt overall too much which bleeds into the next point, it has good growth profile/potential for what it serves.

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