Post by
traderguy5000 on Oct 27, 2024 4:04pm
PEI Valuation
What is PEI's production worth on a per share basis under various production assumptions? This will be very crude, and the numbers are certanly open to criticism. I'm assuming a value of $50k per flowing barrel. That is a common metric used in acquistions. That value varies a great deal, but seems to be somewhat typical of acquisitions. Substitute whatever value you want if you don't like it. Im using 427M for outstanding shares. We may not actually see these numbers reflected in the share price until most of the arrears have been paid off. There are of course, other methods for valuing production.
BPD - Annual Average Value Per Share
1250 0.146
1750 0.205
2500 0.293
3500 0.410
5000 0.585
I've abondoned the idea of dollar stock, but there still appears to be huge potential from 0.035.
Comment by
borne2run on Oct 28, 2024 9:54pm
Valuation of $0.08 per share needs to be reduced to account for: 1. Net Debt 2. Secondary / Tertiary recovery techniques, and 3. Very Poor Management Stock price deserves to be trading at 3 cents.
Comment by
Re1ndeer2 on Oct 31, 2024 3:04pm
Buying now @ .03.......Divs from other Oil Stocks...