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Manitok Energy Inc MKRYF

Manitok Energy Inc is an oil and gas exploration and development company. The corporation is engaged in the exploration for, and the development, production, and acquisition of petroleum and natural gas reserves in western Canada. It mainly focuses on conventional oil and gas reservoirs in the Canadian foothills along with crude oil in Southeast Alberta. The majority of its revenue is derived from the petroleum and natural gas.


GREY:MKRYF - Post by User

Bullboard Posts
Post by Sparkletoothon Jun 20, 2014 3:59pm
699 Views
Post# 22681013

Comparatives

Comparatives
If you do any analysis at all on public company numbers, you soon come to the conclusion that the stock market doesn't pay much attention to fundamentals.  The things it does pay attention to in the oil patch are hard to understand, at least for me.  Anyway, here's a few juniors and their somewhat accurate market price + debt of their BOEs.
Symbol Junior Oils on the Venture  Shares   Price   Market Cap   Debt, Including Working Capital Deficit  MC + D Production (MC +D) / P
SPE Spartan Energy Corp.    256,025,421   4.295    1,099,629,183      55,027,000    1,154,656,183            5,700        202,571
EDE Edge Resources Inc.    163,852,246   0.235          38,505,278      17,997,460          56,502,738                700          80,718
ARN Arcan Resources Ltd.      97,860,013   0.530          51,865,807    155,000,000        206,865,807            3,740          55,312
HWK.A Hawk Exploration Ltd.      34,725,952   0.500          17,362,976        8,736,000          26,098,976                702          37,178
MEI Manitok Energy Inc.      69,806,974   2.440        170,329,017      27,272,000        197,601,017            6,000          32,934
HYX Hyperion Exploration Corp.      54,190,359   0.225          12,192,831        4,068,000          16,260,831                845          19,244
Bullboard Posts