Valeura Energy Inc T.VLE

New Press Release - Valeura Energy Inc. Announces Successful Completion of Nong Yao Infill Drilling

CALGARY, AB / ACCESSWIRE / June 13, 2023 / Valeura Energy Inc. (TSX:VLE) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, is pleased to announce the successful completion of its Nong Yao field infill drilling...read article.

[mooseslayer]

If Production is up 16% then the SP should go up that or about .30

[Overertune]

It is hard to understand their business models.  I guess after a couple of quarters when everything is more predictable the forward PE should go to 2. I hope the company give out 5-10% of dividends while working on the next acquisition.  They don't have any debt to pay.

[firstworld]

They neec to save USD 250M clean up costs. Assuming they allocate $50M yr to reserves theres only $20M post tax profit which is just over 5% of expenditure. Nothing left to distribute. Mgmnt needs  build an empire legacy to establish managemnts individual and team value on the market after years of failure living large on SH backs so they can get a job when Thialand is done. Canceling

[Suppe11]

All BS. The decomission liabilities are already in the balance sheet and the balance sheet shows Q1 shareholders equity of US$ 233m. Your 10% pretax garbage is wrong too, but I think you know all this.

[Canadaturk]

No div of buybacks till end of 2024

[Overertune]

Where do you get that information?