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 > Petroamerica's FCF

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Post by HerrX00on May 24, 2015 1:53pm

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Post# 23758719

Petroamerica's FCF

Mouserman, you are talking since a while about PTA burning $18M cash last Q to run the show. I'm checking the latest cashflow statement and I see -$2.5M for the notes (one time) and -$18M in an adjustment in non-cash working capital.

So I believe PTA will continue to remain cash flow positive, even more at these brent prices, for the rest of the year.

The only thing wrong with PTA right now is production. The slightest increase over guidance/expectations and the stock will react to the upside very hard.

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Canopy Growth nears adjusted EBITDA profitability in Q2 2025