Pan Orient Energy (POE.V) Buy, Sell or Hold

Pan Orient Energy (POE.V)

1.21

-0.03 (2.42%)

as of Aug 24, 2022, 7:39:50 pm Market Open.

8 watching

BUY

Very volatile because it has fresh production in their numbers. Likes their exploration focus. They have the expertise. Good one to own but it is lumpy. It’s a move on news stock. Actively drilling now so there should be news every 6 weeks. Last on the 16’th.

BUY

(Market Call Minute.) Given that money is going to be recycled out of recent purchases by foreigners, these kinds of names are going to be the best beneficiaries of this.

BUY

(Market Call Minute.) Had some disappointing results in Thailand on very large impact exploratory wells. Great balance sheet. Still very good prospects in terms of drilling locations.

COMMENT

There are a handful of stocks that are relatively clean and this is one of them. The problem is, it is in Thailand so there is not the same sort of transparency. On his short list of companies.

PAST TOP PICK

(A Top Pick Sept 20/07. Up 46%.) Their wells are so productive and so cheap to drill that they return their capital investment on a well in about 2 weeks. There are rumours they are going to split the company into 2 and sell some of the assets.

BUY

Likes it. Price getting close to it’s old high. Little risky.

COMMENT

Spectacular successes with their Thailand plays. Just made a purchase in Indonesia. Government tax of 50% on any profit over $60. Between Oilexco (OIL-T) and this, she would prefer Oilexco, which represents better valuation in the market. (Not as expensive and has the same kind of upside. Less political risk in the North Sea.)

COMMENT

Oil story in Thailand. Have some fabulous wells. Stock is having a cool off period here. If they can have continued success on the drill bit in their new volcanic play and the higher oil prices are there, the stock should rebound.

RISKY

Oil in Thailand as well as an oil sands play in Alberta. Thailand is very exciting. Higher risk.

PAST TOP PICK

(A Top Pick Sept 30/07. Up 130%.) Had one well that was a duster about a month ago and the stock dropped. Thailand operation. Well managed. Have great potential. Cost of a well is about $800,000, which they can pay back in about a week.

DON'T BUY

Drilling in Thailand. Doesn't cover this one and doesn't know enough about the size and quality of reservoirs. Have some fabulous wells. If they keep on having the same success, it could go on a lot higher. A one-play story in one country. He prefers 2 or 3 different countries or bases.

HOLD

Have operations in Canada and Thailand. Very interesting story. Have had a number of very prolific wells. Looks very exciting.

TOP PICK

Drilling onshore oil wells in Thailand for less than $1 million. Just hit a 3940-barrel a day well. This well paid back in about 2.5 days and the net asset value on the reserves they just discovered is about $50-$60 million. To spend $1 million and create $60 million worth of value is fantastic. They have about 40 more locations next year. They are fully self-funding.

WAIT

(Market Call Minute.) Oil drilling in Thailand. Have had some great discoveries. Very strong management team. Good landholdings. Would wait to see if the price levels out a little bit.

WEAK BUY

Exploration company and development. Canadian energy stocks have done extremely badly, so people have gone international, such as this company. Thinks there’s another 50% upside for 08. Good management. Own about 15% of the company.

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Pan Orient Energy (POE.V) Frequently Asked Questions

What is Pan Orient Energy stock symbol?

Pan Orient Energy is a Canadian stock, trading under the symbol POE.V (previously POE-X on Stockchase) on the TSX Venture Exchange (POE-CV). It is usually referred to as TSXV:POE or POE.V

Is Pan Orient Energy a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on POE.V (previously POE-X on Stockchase) on Stockchase. Read the latest expert commentary for Pan Orient Energy.

Is Pan Orient Energy a good investment or a top pick?

Pan Orient Energy was recommended as a Top Pick by Jean-Francois Tardif on 2007-11-19. Read the latest stock experts ratings for Pan Orient Energy.

Why is Pan Orient Energy stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Pan Orient Energy.

Is Pan Orient Energy worth watching?

Pan Orient Energy is followed by 8 investors on Stockchase and is a trending stock that is worth watching.

What is Pan Orient Energy stock price?

On 2022-08-24, Pan Orient Energy (POE.V) stock closed at a price of $1.21.

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