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 > Didn't hear about this company until recently

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Comment by BERationaleon Sep 29, 2023 12:21pm

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Post# 35661899

RE:RE:RE:RE:RE:Didn't hear about this company until recently

The smart Analysts / money does use FCF (no offense to Newman) and VLE should use that in their favor. If for instance they had $500mm of cash flow from ops but have to spend $500mm on drilling to maintain flat production would you still want to use a CF metric? Cash flow from Ops is what promoters use to fool the retail investor. FCF yields and multiples are what they focus should be and at $3.50 a share their FCF yield is approx 70% and FCF multiple is 1.5x ($350mm mkt cap / $240mm FCF). Still the cheapest oil stock on the block based on those metrics.

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