Petrotal Share Discussion Threads

[taurusthebear] 14/9/2023 11:22

The problem is that PTAL is not valued on what it is able to produce, but on what it does produce, given the limitations of varying river levels, a dodgy pipeline and sporadic ethnic uprisings.

[qs99] 14/9/2023 11:06

Cannot understand with so much cash, cash generation, EBITDA generation AND oil price nearing $90 and staying high why this share is not so much higher!!! Thoughts? Share re-purchases help, but could up them given cash flows? Yield is great as well.

DYOR

[qs99] 13/9/2023 14:16

A buy at 46.5p, ADVFN not caught up yet....DYOR

[taurusthebear] 13/9/2023 13:23

I gave up on PTAL as a perennial 40p stock. The only reason I kept it as my largest holding was the dividend - 18% a year is a robust return.

So anything above 40p is a bonus. :-)

[tag57] 13/9/2023 11:00

Tempted to buy a few more as expect to see further special divis at current oil prices if they remain.

[king suarez] 13/9/2023 10:45

My view = agreed. Lots of hay being produced. Shareholders should be happy donkeys.

[qs99] 13/9/2023 10:31

oil hovering around $90....PTAL surely must be making some serious hay here no? Views? DYOR

[johnroger] 05/9/2023 11:32

Zeus Capital has published a new research note on:
PetroTal Corp..

Please click on the below title to see the full release:
PetroTal (PTAL LN) - Paddington would be proud – initiating coverage

Anybody with access?

[arlington chetwynd talbott] 05/9/2023 10:49

Detailed Zeus Capital note out - available free on Research Tree.

[11_percent] 03/9/2023 12:35

Ah.....ok.

[tag57] 03/9/2023 10:48

11, that includes a 1cent special divi this quarter but at current oil price this should could reoccur next quarter too.

[11_percent] 03/9/2023 10:31

Have I got this right.

Quarterly divi = 2.5 cent......= 2p.

That's 8p per year.


SP = 44.5p.

8/44.5 = 18 percent.

[wolf39] 01/9/2023 11:44

would think partly to do with recent ex div date passing + maybe some investors thinking current production is going to be like this for rest of the year?

[badger60] 01/9/2023 11:43

Iquitos rain 2023MonthHigh / Low(°C)RainJanuary32° / 22°14 daysFebruary32° / 22°13 daysMarch32° / 22°15 daysApril32° / 22°14 daysMay31° / 21°14 daysJune31° / 21°12 daysJuly31° / 20°12 daysAugust32° / 21°12 daysSeptember32° / 21°10 daysOctober32° / 21°11 daysNovember32° / 22°13 daysDecember32° / 22°13 days

[qs99] 01/9/2023 11:23

Oil price rising, PTAL falling?!

[bubloo] 01/9/2023 08:51

agree with you Chubb looks like adequate rains. Interesting Iquitos area forecast to adequate plenty of rains in next four weeks
river levels must be rising.
Dry season comes to end by ? mid October but may be much earlier this time. when barges come back from Manaus I am hoping for around 20000 bye per day production

[chubb24] 31/8/2023 08:27

looks like there is plenty of rain forecast for next week in our region. How far into Brazil do we barge into?

[arlington chetwynd talbott] 29/8/2023 23:01

hTTps://www.zerohedge.com/energy/wti-extends-gains-after-api-reports-huge-crude-draw

[beyond_black] 22/8/2023 14:32

Rain in the forecast over the Amazon:

hxxps://www.weatheronline.co.uk/weather/maps/forecastmaps?LANG=en&UP=0&R=0&MORE=1&MAPS=nw&CONT=samk&LAND=PR&ZEIT=202308230600

[johnroger] 13/8/2023 20:37

If you haven't seen the interview, well worth watching

[arlington chetwynd talbott] 10/8/2023 09:22

Despite the H2 curtailment, I still think this will creep up to 50p. Loving the quarterly dividends.

[podgyted] 09/8/2023 23:36

Well the latest update had something for everyone.

Really good H1.

Curtailing prod'n in H2 currently due to low river levels - pipeline not an option as they're not sure they'll get paid.

So there are going to be sellers and buyers depending on your outlook.

[hiddendepths] 09/8/2023 12:49

I'm surprised that there's a source of stock today - there's been a steady flow of buys, including another top-up from me!

[qs99] 09/8/2023 10:21

Oil hit 83 today, should materially help PTAL this continued strength of oil price DYOR