Bullboard - Stock Discussion Forum 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... see more

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TSX:TAL - Post Discussion

Petrotal Corp > 5.00 $$ range

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Post by Moremoney4u on Aug 29, 2022 8:00am

5.00 $$ range

A dividend would send this into the stars. They have the funds to do this in their upcoming quarters, the EPS, FCF, ETC., will be amazing, also once this pipeline is repaired and they increase the capacity to process the oil, AND MAYBE , even have a few more BARGES BUILT, this is a 10 BAGGER. This is all within their capabilities . The oil drilling cost is REPAID within months, which is amazing, its what happens afterwards that is slowing them down.

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Comment by GABY51 on Aug 29, 2022 12:41pm

5.00 DANS COMBIEN DE TEMPS ...

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Comment by mjh9413 on Aug 30, 2022 12:26am

They have indicated their plans a few times including the latest NR: Exited the quarter with $77 million of total cash, including $13.5 million of restricted cash, and approximately ($79) million in net debt/(surplus)(1), a record level for the Company allowing for a future return of capital program in Q4 2022 or Q1 2023, with an extremely solid balance sheet profile. But $5 share ...more

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Petrotal Corp