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.

Show full opinionHide full opinion
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.

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.

Show full opinionHide full opinion

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.

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.

Show full opinionHide full opinion

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.

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.

Show full opinionHide full opinion

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.

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.

Show full opinionHide full opinion

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.

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).

Show full opinionHide full opinion

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).

HOLD
HOLD
February 8, 2013

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

Show full opinionHide full opinion

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

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.

Show full opinionHide full opinion

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

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.

Show full opinionHide full opinion

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.

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.

Show full opinionHide full opinion
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.

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.

Show full opinionHide full opinion
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.

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.

Show full opinionHide full opinion

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.

SELL
SELL
August 2, 2012

How sustainable is this. He sold it.

Show full opinionHide full opinion

How sustainable is this. He sold it.

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.
Show full opinionHide full opinion
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.
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.
Show full opinionHide full opinion
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.
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 Jaime Carrasco on 2013-09-27. 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 $.