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Delphi Energy Corp. DPGYF

Delphi Energy Corp is a mining company. It is engaged in the acquisition for an exploration, development, and production of crude oil, natural gas and natural gas liquids in Western Canada. The company's core area is uniquely positioned in the Deep Basin of Bigstone in northwest Alberta.


GREY:DPGYF - Post by User

Comment by RichyRich$on Apr 02, 2019 12:43pm
94 Views
Post# 29570702

RE:IMO too expensive spec stock with HUGE debt

RE:IMO too expensive spec stock with HUGE debtTheir debt is actually not bad. Only 3:1 Debt to Operating Cash Flow. Pretty well all Canadian Oil n Gas companies have debt. Birchcliff which is opposed to be a safe play is 2:1 Debt to OCF. Which is not much better... but little upside potential like this. And better buyout potential with around LNG Pipelines. DEE has good key statistics. Like the P/E, P/S, P/B, EV/EBITDA. Check the stats on Yahoo Finance. Usually when the EV/IBITDA is under 10.0 it has good buyout value. DEE is at 2.59! And the Forward P/E only 2.83! That's insane! It means 6 X Gain to industry standards 15 P/E is fundamentally possible. I think industry average for all stocks is actually higher around 20 to 25 P/E
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