Petrotal Corp T.TAL

Alternate Symbol(s): PTALF

Energy Oil & Gas E&P

PetroTal Corp. is an oil and gas development and production company focused on the development of oil assets in Peru. The Company is engaged in the exploration, appraisal and development of oil and natural gas in Peru, South America. Its flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95. Through its two subsidiaries, the Company is engaged in the ongoing development of hydrocarbons in Block 95 with a focus on the development and production from the Bretana oil field. In addition to further leads in Block 95, the Company has significant exploration prospects and leads in Block 107. The Bretana oil field is located in the Maranon Basin of northern Peru. The Company has a 100% working interest in the Bretana oil field. Block 107 has three additional leads, inclusive of the Osheki-Kametza prospect.

TSX:TAL - Post by User

Petrotal Corp > Petrotal Shares on Sale for Big Discount!

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Comment by Druchiion Mar 05, 2021 7:28am

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Post# 32725858

RE:RE:RE:RE:Petrotal Shares on Sale for Big Discount!

Thanks Hendrick. While I'd agree you can find some oil stocks trading at a bigger discount to P1, I challenge you to name one that trades at nearly the same EV/FCF multiple as TAL. I suspect the reason those other companies trade at a discount to P1 is that they are saddled with too much debt and or they simply will not generate commensurate free cash flow (relative to EV). Please name a few if you know otherwise, as I'd be very interesting in acquiring these...

Also, if book value includes P2, TAL's discount to NAV is substantial. I don't suspect they will have much trouble converting P2 to P1 overtime.

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