Stockchase Opinions

Bruce Campbell (2) PetroShale PSH-X TOP PICK Feb 23, 2022

Experienced management. Recently re-capitalized. Good balance sheet. 10,000 barrels a day. Can grow through drilling and through small acquisitions. Oil can bounce around, but they can still grow. Fairly significant cashflow at $75 oil, break even at $40. No dividend. (Analysts’ price target is $1.30)
$0.890

Stock price when the opinion was issued

oil gas
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

DON'T BUY
Not happy with information that management provides. Limited funds for expansion needs. Low trading volume.
DON'T BUY
Total production is small at around 240 barrels a day. With new technology, they could possibly get something going but it's only a four well drilling program. Have a $5 million market cap and will spend 1.6 million drilling for 4 wells!!!