Valeura Energy Inc T.VLE

Market cap equals revenue

[goldwatch69]

Soon enough. Approaching a billion in annual revenue with a third in cash flow after taxes and expenses makes this an easy $6+ stock at 2x cash flow coming soon $10 a shar on the horizon.  Chart should stabilize as 2024 is a much clearer more stable picture.  This is a no brainer.

[Suppe11]

Of course you can fantasize moon prices as far away as you want....the fact is, their P2 Npv is something like Us$420m and noone should and will pay more or the same. In reality the mc is always under this Npv...relatively small production, relatively limited ressources, offshore, Thailand and high taxes....Imho 2/3 of the NPV is already in the "fair to generous" category.. Upside

[bfw]

You certainly hit on some bearish talking points. The bullish response would be: 1. 2P NAV is expected to jump again in 2024 2. Tax integration expected by mid year 3.  Further exploration upside from some new high risk, high impact drilling 4. Oil price expected to grind higher due to OPEC+ compliance and summer driving season demand 5. Possibility of share repurchase +/-

[goldwatch69]

You are too funny. Tell that to the Analysts who have all raised their targets. On top of this, oil keeps rising and you believe that a retraction in oil is coming during peak demand? That's hilarious!   A pullback may happen, maybe.  This time looks different. Stable and clear road ahead. Last year had a lot of uncertainty. This year is different.  If we pull back, it'

[bigreturn11]

Adding $50m cad of cash each quarter minus addition of opex saving assets such as floating vessels will get noticed. The bears should stay asleep for another 12 months and see how much cash is in the kitty assuming no acquisitions. Everything is going right for VLE and Sean G the magician!