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Bullboard - Stock Discussion Forum Palliser Oil & Gas Corp. PSLRF

Energy Oil & Gas E&P
"Palliser Oil & Gas Corp is engaged in the exploration, development and production of petroleum including high netback heavy oil in the greater Lloydminster area of Alberta and Saskatchewan."

GREY:PSLRF - Post Discussion

Palliser Oil & Gas Corp. > 5 times earnings
View:
Post by Sir_Holler on Nov 20, 2012 4:25pm

5 times earnings

PXL's average earnings expectation for next year has been moved up to $.14 according to Globe Investor. PXL is therefore selling at 5 times forward earnings.

https://www.theglobeandmail.com/globe-investor/markets/stocks/analysts/?q=PXL-X

Comment by corvette67 on Nov 20, 2012 5:05pm
Great eh! My guess is that next year they will produce 900,000 blls. If someone pays $1.00 for the stock, they get next years production for $60 bll and get the entire reserve and land position for debt assumption.  $1.00 is a 40% premium !  900,000 blls is approx 2500 day=achievable. Love it! Cheap, cheap cheap.
Palliser Oil & Gas Corp.
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