Stockchase Opinions

Robert McWhirterXebec AdsorptionXBC.TOBUYApr 24, 2020

This company has a legacy component involved in air extraction (used in renewal natural gas and hydrogen). They take methane from garbage sites and sell to manufacturers. Because BC and PQ have added renewal requirements in regulations, so this allows the company to sell methane at about 10 times more than current market prices. They have announced recent new contracts that will allow sales to almost double this year. They are profitable and are guiding 5 cents of EPS. It look expensive on a PE basis, but with the growth it is warranted. There is almost a billion dollars of potential projects in their pipeline, which include European opportunities. He owns this personally.
$3.31

Stock price when the opinion was issued

$0.51

As of Sep 28, 2022. Market Open.

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