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Bullboard - Stock Discussion Forum Valeura Energy Inc. VLERF


Primary Symbol: T.VLE

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. > P/E Ratio
View:
Post by wajac on Nov 01, 2023 1:45pm

P/E Ratio

With a p/e ratio of 1.6 VLE is clearly undervalued.

P/E ratios of peer companies run anywhere from 4 to 11.

There is a lot of room for continued upward movement.
Comment by firstworld on Nov 01, 2023 5:08pm
Comparing Apples to Oranges.. Comps all have 1-10 years PE record while VLE has no PE record Production is declining dispite $20M plus backfill drilling Wassana restart blocked by regulators since it was the seond accident in a few months. I recommended to friends who bought this in 2017-2018 at $5 to sell at least 50% now. This is the usual pump before the post earnings release dump (even ...more  
Comment by Carbonbull on Nov 01, 2023 5:24pm
got caught without a position ....now trying to talk it down .....good luck this freight train stops at north of 5 
Comment by Toppicks1 on Nov 01, 2023 9:20pm
The most surprising part of your post is you have friends.
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