PVE po valley energy limited
Add to My Watchlist 2.44% ! 4.0¢

Looks like a great quarter. - Stable production - €2,312k...

  1. RNClarke
    1,505 Posts.
    lightbulb Created with Sketch. 891
    clock Created with Sketch.
    30/07/24
    20:43
    Post #: 74989971
    Looks like a great quarter.

    - Stable production
    - €2,312k Revenue x 0.63 Share = $2.4M AUD to PVE
    - €1,037k Positive Operating cashflow = $1.72M AUD to PVE
    - Almost $5M AUD in the bank.

    There was a large 4M crossing at 3.7 today. Hopefully that sets a short term floor underneath the stock.

    Dutch TTF futures suggest profitability will increase during the year (PVE receive a premium to the Dutch TTF futures).

    Trading at a 5.5x NPAT / EV which is ridiculous and you would think will double at some point considering 2P reserves for PM1 will last over 10 years + all the upside from neighbouring wells + potential divesting from other non core assets.

    CleanShot 2024-07-30 at 20.33.15@2x.png
    PVE Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Pilbara Exploration Identifies High-Grade Gold and Antimony Targets
right-arrow Created with Sketch.
NEWS Profits after tax down -88%, and shares rocket – what's going on with Collins?
right-arrow Created with Sketch.
NEWS How Do You Trade? Take Our 1-Minute Survey & Share Your Style
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem
right-arrow Created with Sketch.
NEWS Sparc opens small-scale green H2 plant in SA, but liquidity dried up
right-arrow Created with Sketch.
NEWS High-grade monazite-rich mineral sands discovery confirmed at Minta Est
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
4.0¢ 		Change
-0.001(2.44%) 		Mkt cap ! $46.35M
Open High Low Value Volume
4.0¢ 4.0¢ 4.0¢ $10.23K 255.7K

Buyers (Bids)

No. Vol. Price($)
1 192570 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 99999 1
View Market Depth
Last trade - 15.28pm 25/06/2025 (20 minute delay) ?
PVE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.