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Perpetual Energy Inc T.PMT

Alternate Symbol(s):  PMGYF

Perpetual Energy Inc. is a Canada-based oil and natural gas exploration, production and marketing company. The Company owns a diversified asset portfolio, including liquids-rich conventional natural gas assets in the deep basin of West Central Alberta and undeveloped bitumen leases in Northern Alberta. The Company also has a portfolio of oil sands leases which have bitumen resource potential.


TSX:PMT - Post by User

Bullboard Posts
Comment by mmoschukon Oct 16, 2014 1:19pm
125 Views
Post# 23034535

RE:RE:RE:RE:RE:BOOOYEAH!

RE:RE:RE:RE:RE:BOOOYEAH!Even with the VORTEX last year PMT did only at best 1.67 it was not until the JV was mentioned that they went to 2.37. PMT merely turned a corner last year, they still need to put things into action. Oil is at 80 bucks, nat gas at 3.90 all of PMT estimates were based on 100 dollar oil and nat gas at 5 bucks. It is easy to calculate the cash flows with where prices are today and hence when you do the price will go down. Forget the fundamentals of the company for the moment, if you want to trade stocks and make money you should not just take one view and shoot for the stars with going long. Even novice investors know that stocks go up and down. Those who make money are able to play the up and down. PMT is in a down trend confirmed by multiple factors. I will let you know when it is time to take a long position again.
Bullboard Posts