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Painted Pony Pete Ltd PDPYF

"Painted Pony Energy Ltd Petroleum explores, develops, and produces petroleum and natural gas. The company focuses on the development of natural gas and natural gas liquids. The company's operations take place near the Montney formation in Northeast British Columbia. The Montney location is a sweet natural gas-saturated zone (natural gas that does not contain hydrogen sulfide or significant quantities of carbon dioxide) with no associated or underlying water. The company also has multiple gas pr


OTCPK:PDPYF - Post by User

Bullboard Posts
Post by bigreturn11on May 07, 2020 1:31am
534 Views
Post# 30996207

Advantage Oil to Pony comparison

Advantage Oil to Pony comparisonAdvanatge Oil and Pony Q1 results both out today. Here is a side byside comparison.
  • Production - Advantage 46,000 boe/d vs Pony 53,000 boe/d
  • Market Cap - Advantage $410 million vs Pony $132 million
  • Net Debt - Advantage $364 million vs Pony $341 million
  • Enterprise value - Advantage $775 million vs Pony $473 million
  • Valaution - Advantage $16,800 per boe/d vs Pony $8,900 per boe/d
Avantage is fairly valued.  Great company. Pony is also a great company but is severly undervalued. Pony needs $3.41 per share to hit the same valuation of Advantage Oil ($16,800 per boe/d).

Baffling to see Pony at $0.82.

Bullboard Posts