Showing 1 to 15 of 56 entries
DON'T BUY

His company has this as a Neutral with a $7.75 target. He would prefer Pacific Rubiales (PRE-T), which his company has as an Outperform with a $25 target.

oil / gas
SELL

At one time they were a 40,000 barrel a day producer and he would guess that they have probably had 8 quarters of declining production. Abysmal exploration success. Drilled a lot of dry holes. Also, have issues with convertible debentures that they had to push out the maturity of. They are now trying to divest some pipeline assets.

oil / gas
WEAK BUY

A volatile stock. We have a bottom here but the trend is generally down. You want to wait until it is at $9 to buy. Would get resistance at $15 so take some off the table then.

oil / gas
SELL

Doesn’t own, but follows it and has a $7.50 target. Not one he is recommending. He believes most of the work on this is in Colombia and Ecuador. If you own, he would switch to something else.

oil / gas
SELL

Struggled lately to meet production and growth has been a little bit weak. This is a little bit of an “at risk” stock so he would Sell.

oil / gas
SELL

He would be switching into something else. Doesn’t see much organic growth coming out of Latin America with this. If you want to be in energy in Latin America, he would consider Pacific Rubiales (PRE-T).

oil / gas
HOLD

Have been challenged by operational issues. So beaten up here. Wait for a 10% bounce. Distribution is safe.

oil / gas
WAIT

Ugly picture on chart, but in the last number of months it has not made a lower low. That bottom is not confirmed yet.

oil / gas
DON'T BUY

Not a lot of reserves so not as cheap on a NAV basis. Prefers PBM. If you get bullish on oil, some Colombian plays have a lot of leverage to oil. Oil is fairly valued.

oil / gas
DON'T BUY

Have had a string of dusters. Had a large production base with a high decline rate so they were relying on exploration success to make up for their declines. Trading at a very low ratio to proved reserve values. Also, Colombia has been a disaster to invest in.

oil / gas
COMMENT

(Market Call Minute.) Cheap stock but they happen to be a junior in an international country, which are 2 things the market has absolutely hated lately. Don’t have a lot of debt. It’s on her radar screen.

oil / gas
HOLD

Super cheap right now and this is a name you could hold onto. Feels that all the bad news is out of the stock. If you are looking for alternatives, he would recommend looking for things with a bit of a yield such as Arc Resources (ARX-T) which would get you out of Colombia and into North America. Baytex (BTE-T) has done very well. Vermilion (VET-T) continues to do well with a 60% weighting towards Brent.

oil / gas
SELL

How sustainable is this. He sold it.

oil / gas
COMMENT
He doesn't have too many issues with the politics in Colombia where they are operating. His company likes it and has a $23 target for it. One of the issues is oil prices, which have come down.
oil / gas
COMMENT
Just gave an operational and exploration update and the Peru block did not come up with any hydrocarbons and the stock sold off. He is neutral on this company but has a $24 target. He would prefer being in Canada.
oil / gas
Showing 1 to 15 of 56 entries

Petrominerales Ltd.(PMG-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Petrominerales Ltd. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Petrominerales Ltd.(PMG-T) Frequently Asked Questions

What is Petrominerales Ltd. stock symbol?

Petrominerales Ltd. is a OTC stock, trading under the symbol PMG-T on the (). It is usually referred to as or PMG-T

Is Petrominerales Ltd. a buy or a sell?

In the last year, there was no coverage of Petrominerales Ltd. published on Stockchase.

Is Petrominerales Ltd. a good investment or a top pick?

Petrominerales Ltd. was recommended as a Top Pick by on . Read the latest stock experts ratings for Petrominerales Ltd..

Why is Petrominerales Ltd. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Petrominerales Ltd. worth watching?

0 stock analysts on Stockchase covered Petrominerales Ltd. In the last year. It is a trending stock that is worth watching.

What is Petrominerales Ltd. stock price?

On , Petrominerales Ltd. (PMG-T) stock closed at a price of $.