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Painted Pony Energy (PONY-T) opinion on 2016-12-06

Last Price Recorded: 3.2400 on 2017-11-16

ON STOCKCHASE SINCE Dec 2007

oil/gas
COMMENT

Mason Granger
Painted Pony Energy was $10.150 at time of opinion
Owned : Unknown

A natural gas producer in Northeast BC. Have done an excellent job in executing their growth plan. They’ve got big plans out to 2020, and thinks they kind of want to broach that 100,000 barrels’ equivalent mark, and are currently at about 40,000. They have stepwise plan for adding infrastructure with their partner, AltaGas (ALA-T). AltaGas has built a plant, and have another phase planned. His issue is that they have vastly outspent cash flow and have ramped up debt levels. Management has done a fantastic job.

UNKNOWN

All opinions for PONY-T (161)

37 BUY
5 BUY on WEAKNESS
33 COMMENT
17 DON'T BUY
17 HOLD
3 PARTIAL BUY
18 PAST TOP PICK
4 SELL
2 SPECULATIVE BUY
1 STRONG BUY
18 TOP PICK
1 WAIT
3 WATCH
2 WEAK BUY
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All opinions for PONY-T (161)

37 BUY
5 BUY on WEAKNESS
33 COMMENT
17 DON'T BUY
17 HOLD
3 PARTIAL BUY
18 PAST TOP PICK
4 SELL
2 SPECULATIVE BUY
1 STRONG BUY
18 TOP PICK
1 WAIT
3 WATCH
2 WEAK BUY
View All

More experts covering PONY-T

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Add PONY-T to Watch List
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1 Comment

leakeybill

February 4th 2017 at 7:10pm

2017 PPY will trade at 1.3 time cash flow and 2018 they will trade at 1.2 time cash flow. They current have 40,000 boe of production and just over 200 million in debt. This year they will be producing 70,000 boe in October, and next year they will be 100,000 boe. Not exploration risk this is a development rampup. In 2019 they will be cash flow positive, only 100 million shares. BUY


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