$Colombia and Latin America - huh ? GTE sells Tal.v shares at US$0.13623/share - $Colombia and Latin America - InvestorVillage
$Colombia and Latin America
This is a semi-private group. You are free to browse messages, but you must be a member of this group to post messages. Join This Group

Group: $Colombia and Latin America   /  Message Board  /  Read Message

 
 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board
Msg  13089 of 13186  at  1/22/2021 9:54:08 AM  by

The Red


 In response to msg 13087 by  tigris72poo
view thread

Re: huh ? GTE sells Tal.v shares at US$0.13623/share

 PetroTal at C$0.30 and 10K bopd sports an EV/bopd ratio of C$25,430 according to my notes.
 
At C$0.25 and 10K bopd, the ratio is C$21,192.
 
There is not enough history to use cash flow or FFO.  Not sure that 2019-end reserve estimates are all that useful in the current context, in any event.....  Frontera's 2P reserves are cheaper than PetroTal's, C$3.5/boed versus C$5.6/bopd.
 
Frontera is trading at an EV/boed ratio of C$12,944 at a share price of C$4.05. 
 
None of this is strictly 'apples to apples' comparison but if the risk of political holdup in the Peruvian Amazonia is a major issue, then the comparison with Frontera has some merit. 
 
Disclosure:  was busy buying Frontera over the last couple of months; hold a tiny interest position in PetroTal. 


     e-mail to a friend      printer-friendly     add to library      
| More
Recs: 2     Views: 0
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board








Financial Market Data provided by
.
Loading...