Petrominerales Ltd.

PMG-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about PMG-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
September 27, 2013

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.

Petrominerales Ltd. (PMG-T)
September 27, 2013

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.

Jaime Carrasco
Portfolio Manager, Canaccord Genuity
Price
$7.740
Owned
Unknown
SELL
SELL
July 23, 2013

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.

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.

Mason Granger
Portfolio Manager, Sentry Investments
Price
$6.550
Owned
No
WEAK BUY
WEAK BUY
May 8, 2013

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.

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.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$5.950
Owned
Unknown
SELL
SELL
April 26, 2013

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.

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.

Jaime Carrasco
Portfolio Manager, Canaccord Genuity
Price
$5.470
Owned
No
SELL
SELL
April 22, 2013

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.

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.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$5.240
Owned
No
SELL
SELL
March 22, 2013

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).

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).

Jaime Carrasco
Portfolio Manager, Canaccord Genuity
Price
$6.200
Owned
No
HOLD
HOLD
February 8, 2013

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

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

Michael Giordano
VP Investments & Portfolio Manager,
Price
$9.200
Owned
Unknown
WAIT
WAIT
November 5, 2012

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

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

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$8.590
Owned
Unknown
DON'T BUY
DON'T BUY
November 1, 2012

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.

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.

John Zechner
Chairman, J. Zechner & Assoc
Price
$7.950
Owned
Unknown
DON'T BUY
DON'T BUY
September 19, 2012

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.

Petrominerales Ltd. (PMG-T)
September 19, 2012

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.

Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$7.980
Owned
No
COMMENT
COMMENT
September 11, 2012

(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.

Petrominerales Ltd. (PMG-T)
September 11, 2012

(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.

Joanne A. Hruska, CFA
Market Strategist, Integral Wealth Securities
Price
$9.580
Owned
No
HOLD
HOLD
August 30, 2012

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.

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.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$9.250
Owned
No
SELL
SELL
August 2, 2012

How sustainable is this. He sold it.

How sustainable is this. He sold it.

Sandy McIntyre
Vice-Chairman and CIO, Sentry Select Capital Corp
Price
$7.530
Owned
No
COMMENT
COMMENT
July 13, 2012
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.
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.
Jaime Carrasco
Portfolio Manager, Canaccord Genuity
Price
$10.240
Owned
No
COMMENT
COMMENT
April 27, 2012
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.
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.
Jaime Carrasco
Portfolio Manager, Canaccord Genuity
Price
$14.090
Owned
Unknown
Showing 1 to 15 of 56 entries