Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Cohen & Steers Tax-Adv Pref Secs and Inc Fund V.PTA


Primary Symbol: PTA

The Funds primary investment objective is high current income. The Funds secondary investment objective is capital appreciation The Fund seeks to achieve its investment objectives by investing at least 80% of its managed assets (i.e., net assets plus assets obtained through leverage) in a portfolio of preferred and other income securities issued by U.S. and non-U.S. companies, which may be either exchange-traded or available over-the-counter. In pursuing its investment objectives, the Fund seeks to achieve favorable after-tax returns for its shareholders by seeking to minimize the U.S. federal income tax consequences on income generated by the Fund. There can be no assurance that the Fund will achieve its investment objectives.


NYSE:PTA - Post by User

Cohen & Steers Tax-Adv Pref Secs and Inc Fund
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Post by witekon Dec 03, 2012 7:49pm
381 Views
Post# 20677916

valuing PTA

valuing PTA

As of December 2, 2012 the PTA's  total working interest production was 3,546 bopd or 3,255 bopd net after royalty.

 

Both Petromagdalena and Petrolifera were aquired for $60,000/boepd while C&C Energia was aquired 2 weeks ago for 

$45,000/boepd. 

 

In case of a takeover would PetroAmerica also be valued at $60,000/bopd  ?

Shares outstanding(578 million) * share price(x) = market cap ( $60,000 * 3255/bopd)

578,331,000 * (x)= $ 195,300,000 

x = $0.3376/share

So PTA @ an output of 3255/bopd is valued @ approx. $0.34/share

If production hits 6000/bopd then shares valued @ $0.62 ? 

 

ciao vito

 

 

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities