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Bullboard - Stock Discussion Forum Hemisphere Energy Corp V.HME

Alternate Symbol(s):  HMENF

Hemisphere Energy Corporation is a Canadian oil company. The Company is focused on conventional heavy oil assets through polymer flood-enhanced oil recovery methods. The Company’s principal business is the acquisition, exploration, development, and production of petroleum and natural gas interests in Canada. It specializes in the development of conventional oil pools using polymer flood... see more

Bullboard (TSXV:HME)

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(41)
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  • pennydredfulX
Comment by pennydredfulon Sep 30, 2023 2:35pm

RE:RE:RE:I have them trading at 25% free cashflow yield with wcs/wti

Keep in  mind  things  like  NCIB  , SIB    and   dividends   are    B.O.D.  decisions   as recommended  by  & ...more  
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(41)
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  • pennydredfulX
Comment by pennydredfulon Sep 30, 2023 1:52pm

RE:RE:I have them trading at 25% free cashflow yield with wcs/wti

The   company.s    policy    is   to  have   a  balanced  approach   between    Maintenace capital   and& ...more  
Comment by matt2018on Sep 29, 2023 3:39pm

RE:I have them trading at 25% free cashflow yield with wcs/wti

They are not producing the amount of FCF to buyback 1/3 of the shares in a few qtrs or a full year. But I do agree, maximise the NCIB for the year before paying out a special div. This $0.03 special ...more  
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(198)
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  • drunk@noonX
Post by drunk@noonon Sep 29, 2023 10:48am

I have them trading at 25% free cashflow yield with wcs/wti

at these levels. Should buy back stock. i.e if you buy back 1/3 of your stock. Div yield, free cashflow yield casfhlow per share, nav per share increase by 50%. I am not saying do this tommorrow. But ...more  
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(198)
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  • drunk@noonX
Post by drunk@noonon Sep 29, 2023 9:54am

special div is a brain-dead move. Given their free cashflow

yield at these levels they should be buying back stock hand over fist. don't mean 10% ncib either. Save money for a couple of quarters and if oil price still high, put out dutch auction for 1/3 of ...more  
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(41)
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  • pennydredfulX
Comment by pennydredfulon Aug 08, 2023 12:50pm

RE:RE:RE:RE:Had some loose cash today

may   depend  on  the fraction   ---here  about   1/3   .  Some  reserves  are never recoverable economically. 
Comment by matt2018on Aug 05, 2023 7:16pm

RE:RE:RE:Had some loose cash today

dredful..... HME reports P2 reserves of $395M with a MC of $134M (I own some). Also own another small cap oil KEI (US based) with 2P reserves of $724M US with a market cap of $229M CDN (after going on ...more  
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(41)
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  • pennydredfulX
Comment by pennydredfulon Aug 02, 2023 9:29pm

RE:RE:Had some loose cash today

2018 ---  your  year  of birth .
Comment by matt2018on Aug 01, 2023 4:16pm

RE:Had some loose cash today

dont most of these small cap energy companies trade well below their reserve value?
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(41)
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  • pennydredfulX
Comment by pennydredfulon Aug 01, 2023 12:02pm

RE:oustanding shares

A  director   sold   100000  shares   here   which   seems   contrary   to   issuer   bid  ...more  
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(41)
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  • pennydredfulX
Post by pennydredfulon Jul 31, 2023 4:01pm

Had some loose cash today

so  added   to  Hemisphere   :   no   debt   ,  active   issuer  bid, yield  7.81%  ,  trading  ...more  
Post by Galou10on Jun 28, 2023 12:18pm

oustanding shares

This company just keeps buying back shares and cancelling them. Awesome buy at these levels
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(41)
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  • pennydredfulX
Comment by pennydredfulon May 25, 2023 8:07pm

RE:Last Year

out   now  .   Divy   declared   June 15th  
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(41)
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  • pennydredfulX
Post by pennydredfulon May 24, 2023 9:05pm

Last Year

First    Q    released    May18th  last   year   and   it is now    May   24th   ?