Valeura Energy Inc T.VLE

Alternate Symbol(s): VLERF

Energy Oil & Gas E&P

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora field) and G11/48 (Nong Yao field). It holds a 100% operating interest in license B5/27 containing the producing Jasmine and Ban Yen oil fields. It holds an operated 70% working interest in license G1/48 containing the Manora oil field, which produces approximately 2,935 barrels per day (bbls/d) of medium-weight sweet crude oil. The Company holds interests ranging from 63% through 100% in various leases and licenses in the Thrace basin. The Company also operates Floating Storage and Offloading (FSO) vessel Aurora, location at Nong Yao field, offshore Gulf of Thailand.

TSX:VLE - Post by User

Valeura Energy Inc > PE ratio

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Comment by BERationaleon Jan 29, 2023 2:01pm

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Post# 35252831

RE:RE:RE:PE ratio

It will be valued on cash flow, not earnings (but similar multiples). Also the other key valuation metric will be the reserve report and the PDP & 2P NAV it spits out. That will be announced in Q1 per management along with guidance on cash flow. IMHO Q4 2022 and Q1 2023 results are largely irrelevant outside of what the balance sheet will look like with the cash from the effective date. It's the guidance and NAV that will take this rocket higher. GLTA

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