Henrik @Henrik115 Twitter profile

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Henrik

@Henrik115

2 years

Had some good gains in my portfolios in the last weeks and finished the year ~+40%. Here is my last 5 years performance since I started my concentrated small cap investing strategy. 2022: +40% 2021: +91% 2020: -16% 2019: +112% 2018: +18%

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Henrik

@Henrik115

3 years

If oil companies are valued so low that the best Capital allocation is to buy back shares, Why would companies spend it on growth instead of buybacks? If governments and @elonmusk want more oil they should invest themselves. @JavierBlas @BurggrabenH @Josh_Young_1 @elonmusk

Neil Atkinson

@NeilAtkinson58

3 years

Agree with Javier Blas; if an oil person sees $100/bbl+ in this crisis and doesn’t open the taps as much as possible then he’s in the wrong business. So obvious that we are going to need as much oil as possible for many years to come. #OOTT

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Henrik

@Henrik115

3 years

What a day! Petrotal drilling their best well so far with initial flow 10k bopd. Share price up 13% in Canada. Also hit 2000 followers today and I know many of you are fellow shareholders. Congrats to everybody that had the courage to believe in this Peruvian oil play. #ptal

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Henrik

@Henrik115

3 years

First day in the markets in 2022 and my top-3 holdings Petrotal #PTAL , Frontera Energy $FEC and Jadestone Energy #JSE all having a great start. I also reached 1000 followers today. Big thanks to all my followers! Looking forward to a great 2022!

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Henrik

@Henrik115

2 years

Petrotal is an amazing company, what a journey it has been since I started to invest in this company in 2018. I re-listening to the Q1-22 webcast and will post some comments in this thread. #PTAL $TAL.V

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Henrik

@Henrik115

3 years

Some people ask why Petrotal share price did not fall more during unrest. Answer is that #PTAL is still priced like an exploration company 5.5$/2P reserves. Total Capex spend on Bretana field (Incl. GTE) exceed Mcap by ~50%. #PTAL trade at 55% discount to 2P NAV at oil 70$ $tal.v

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Henrik

@Henrik115

2 years

#PTAL the latest developments are really positive. Barging improving, unrest solved, Great drilling results, Credit given to petroperu.We could be close to finally get to stable 20k bopd and at the same time become debt free and implement divi/buybacks. $tal v

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Henrik

@Henrik115

4 months

Here is my top list of investment ideas, each item represent roughly 5-15% of my portfolio. $pxt.to $apm.v #PTAL $tal.to $fec.to $vle.to $ite #i3e $fortum Thanks to @NuggetCapital for the inspiration to do this write up after reading his 10 top investment ideas.

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Henrik

@Henrik115

2 years

Petrotal: We all buy and sell for different reason. But looking at the metrics: Current valuation is 1/3 of 2P NAV at brent 70$. EV/EBITDA~1, FCF/EV~50%. Challenge my to find a lower valuation. @Petro_Tal should refinance and start buybacks asap #ptal $tal.v

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Henrik

@Henrik115

2 years

Petrotal $tal.v the best oil play , soon debt free and dividend machine. #ptal

Affan

@feynzz

2 years

#PTAL With brent at $98/bl they are literally printing money even with their current restricted production and the revised production guidance of c15k-16k bopd. Cash generation as a % of Mkt Cap is excellent.

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Henrik

@Henrik115

9 months

2023 was a challenging year for my investing portfolio, finishing the the year down 7% across portfolios. 2023: -7% 2022: +44% 2021: +91% 2020: -16% 2019: +112% 2018: +18%

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Henrik

@Henrik115

1 year

Petrotal continue to deliver >20k bopd. With 40$ netbacks #PTAL are on track to deliver 300m$ operational cash flow and 100m$ FCF (+ petroperu payments). That is a >20% FCF yield despite having some growth Capex. Divi/buybacks should be supportive for share price in next months.

FI Gambler 🚀

@fi_gambler

1 year

05/05/23 01:49:11 GMT - New Production PetroPeru Data for #PTALDATA - see Average Monthly Production: 21182.43 BOPD Rolling 7 Day Average: 23307.29 BOPD Netback assumption: $60 USD/BBL Annualized NetBack based on rolling average: $510.43 MM USD

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Henrik

@Henrik115

2 years

#PTAL as long-term share holder it is often good to remind yorself of where we are coming from and where the company is heading to. This is a world class asset that will deliver FCF for more than a decade. $tal.v

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Henrik

@Henrik115

2 years

#PTAL barging through Brazil is the key to monetize Bretana. Goal of 24k bopd. Next Thursday is Investor presentation on 2023 plans. The Petroperu repayment combined with steady barging pave the way for Bond repayment and start of divi/buyback. $TAL.v set up for good news flow.

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Henrik

@Henrik115

2 years

Portfolio up ~35% Ytd. Still feels like I made so many stupid mistakes in the last months. Since 1-2 months I stopped making reallocations, now think I will just sit on my current portfolio companies for a few years and hopefully reinvest dividends into new investment.

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Henrik

@Henrik115

1 year

Maha Energy new management team have done a good job in the last 6 months. This is now my 4th largest position. Will explain in a short thread why I think there is quite some upside here. #mahaenergy

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Henrik

@Henrik115

2 years

#PTAL my largest investment. I think we are finally about to get back to talking about production, drill results, FCF etc. Still on track to start with dividends/buybacks by Q4-22. Just the beginning of a long positive journey for shareholders. #PTAL $TAL.v

Alexander Stahel 🌻

@BurggrabenH

2 years

This is a good read to which we subscribe #PTAL #TAL

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Henrik

@Henrik115

1 year

Petrotal Generated $53.5 million ($47.12/bbl) and $47.9 million ($42.23/bbl) of net operating income and EBITDA, respectively over Q1. That was at production level of 12,618 bopd. Now production in excess of 20,000 bopd. Divi/buybacks start in Q2. #PTAL

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Henrik

@Henrik115

2 years

Petrotal #ptal $tal.v

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Henrik

@Henrik115

3 years

Petrotal trading at EV/EBITDA=1 run-rate. Potential for Dividends of 150m$ p.a. that is a stunning 1/3 of fully diluted Mcap per year. Great to have a strong shareholders @BurggrabenH pushing a shareholder and dividend friendly agenda. #PTAL $TAL.V

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Henrik

@Henrik115

2 years

Told you that this reserve update would be good. #PTAL

Henrik

@Henrik115

2 years

#PTAL got an excellent track record in adding reserves, converting 2P to 1P and 3P to 2P etc. I expect this to show up in next reserve report as well. Not a huge change as in 2021 but 5-20m barrels in addition per reserve category seem likely to me with 2P NAV above 2CAD/share.

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@Henrik115

2 years

PetroTal is currently preparing to drill well 11H in early May with a late June or early July completion. Next to 8H well that had initial flow of 8500bopd. At 60-65$ netback 10H can have pay-back time of ~30days. #PTAL $TAL.V

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Henrik

@Henrik115

2 years

#PTAL onwards and upwards. Finally back producing. Santa rally

Henrik

@Henrik115

2 years

#PTAL as long-term share holder it is often good to remind yorself of where we are coming from and where the company is heading to. This is a world class asset that will deliver FCF for more than a decade. $tal.v

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Henrik

@Henrik115

2 years

Petrotal #ptal not following latest production increase and brent price increase. Annual results this week, Should also confirm bond repayment. NCIB announcement likely to come soon as well. Remains my largest holding since 2019. $tal.to

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Henrik

@Henrik115

1 year

Why I am bullish oil stocks? Since Brent is likely to trade sideways 70-90$ and at these level many companies like #PTAL trade at 20% FCF yield with growth in Production/reserves. I try to keep it as simple as that and got the patience to collect dividends.

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@Henrik115

3 years

Petrotal 20k bopd at the moment. With Brent M+1 at 90$ , netbacks ~ 50$/barrel. Add 10H coming in soon and we could look at >400m$ operational profit run-rate. Reserve update in feb likely to add significantly. Mcap 340m$ is a bargain. #PTAL $TAL.V

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Henrik

@Henrik115

2 years

#PTAL we got roughly 45 days until next well comes online. If we get ONP back as well -> Production and FCF will explode and the bond can get retired very quickly -> to enable divi/buybacks. 2023 FCF could be 200-300m$. Based on 2P NAV we are looking at fair value ~2CAD. $tal.v

Henrik

@Henrik115

2 years

PetroTal is currently preparing to drill well 11H in early May with a late June or early July completion. Next to 8H well that had initial flow of 8500bopd. At 60-65$ netback 10H can have pay-back time of ~30days. #PTAL $TAL.V

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Henrik

@Henrik115

1 year

#PTAL

Canadian player to target multimillion-barrel prospect in Peru

PetroTal looking to drill up to two wells in the Ucayali basin by 2024

www.upstreamonline.com

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Henrik

@Henrik115

2 years

#PTAL is a money machine, expecting things to come together in next months with 2 more wells and increase in Brazil export. Drilling season have historically lead to 100% SP gains. Becoming debt free and starting divi/buybacks should take $tal.v to 1.2cad in Q1-23

PetroTal

@Petro_Tal

2 years

A new research note out from Auctus - Buy recommendation & a £1.30 TP on the shares. Auctus state: “Even in a scenario where PTAL doesn’t manage to collect any receivables from Petroperu, we forecast YE23 net cash > US$260mm. This represents >55% of the Co’s current MC.”

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Henrik

@Henrik115

2 years

Petrotal TSX listing coming. The set-up looks excellent for 2023 with production growth and dividends/buybacks 🚀🚀🚀🚀 #ptal $tal.v

FI Gambler 🚀

@fi_gambler

2 years

Thu, 26 Jan 2023 02:00:00 -0500 - Company Update Available PetroTal's Second Annual ESG Report: Responsible, Material, and Sustainable ESG Initiatives #PTAL_UPDATE

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@Henrik115

2 years

Petrotal #PTAL what can shareholders expect over coming 10years 15k bopd, Brent 85$ -> 45$ netbacks. LT Capex cost with safety margin 10$/barrel, G&A 5$/barrel. Gives 30$/bbl before tax, 20$/bbl after tax ->100m$ Net profit after tax so basically 20% LT yield on current SP $tal.v

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Henrik

@Henrik115

2 years

Recent move in O&G shares explains why it is very difficult to buy, hold and ride a multi-bagger. Many people buy and sell, make or lose some money during the ride. But the big money is made by holding 5-10years in the right trend in the right company. #PTAL $FEC

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Henrik

@Henrik115

2 years

#ptal $tal.v making 1m$ per day in netbacks with further production growth ahead. Soon or later market will wake-up. Current Mcap is very low vs. 2P NAV. Plan to repay bond in Q4 and start buybacks/dividends. #dirtycheap

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Henrik

@Henrik115

2 years

I see many Investors comparing oil companies FCF yield without looking at if it is development-, mid- or late-life assets. It is make huge difference how to look at development capex vs. maintenance capex. In Petrotal case less than half of Capex is to maintain production. #PTAL

Henrik

@Henrik115

2 years

@TApocalyt @thefalda Interesting discussion. On Bretana Petrotal will spend 125m$ Capex but DD&A is 7$/barrel. At 15k bopd that is 40m$. Means Petrotal invest 85m$ for the future. When Calculating net profit for a P/E valuation , DD&A is used thereby Petrotal P/E is much lower than P/FCF. #PTAL

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@Henrik115

1 year

Great update from Petrotal, expect to produce 5% above Q2 guidance despite river blockade, which is now lifted. Currently at 22k bopd. #PTAL $tal.v

FI Gambler 🚀

@fi_gambler

1 year

Tue, 20 Jun 2023 02:00:00 -0400 - Company Update Available PetroTal Announces Voting Results of Shareholders' Meeting and Operational Updates #PTAL_UPDATE

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Henrik

@Henrik115

2 years

#PTAL lagging behind positive development. If production continue at 15-20k bopd in Q1 with Brent holding up -> I expect share price to test new all-time as $tal.v become debt free and start with divi/buy-backs, that is 50% upside to ATH and would still be huge discount to 2PNAV

JohnM

@JohnM_AIM

2 years

#ptal - has been my long term oil play which offers great value Worth read last 2 RNS - operationally they keep delivering with drill - average c20kbopd since 16 Dec22, with estimated production capacity of over 24kbopd - arrangements in plan re Petroperu $64m owed to Co 6

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Henrik

@Henrik115

11 months

Very good updates today from Petrotal #ptal $tal.to , Jadestone #JSE and Valuera Energy $vle.to all on track to increase production and FCF. $OKEA, $ITE #I3E and $FEC.to got similar good Outlook and these 6 are my largest holdings with very high portfolio weight.

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Henrik

@Henrik115

3 years

Petrotal record off-take numbers, printing money like never before. #PTAL $tal.v

FI Gambler 🚀

@fi_gambler

3 years

02/09/22 23:29:31 GMT - New Production PetroPeru Data Available for #PTALDATA - see Average Monthly Production: 21706.12 BOPD Rolling 7 Day Average Production for the month: 24590.71 BOPD Netback assumption: $40 USD /BBL Netback this month: $6.95 MM USD

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Henrik

@Henrik115

2 years

Enjoying some summer traveling.

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Henrik

@Henrik115

8 months

Some Great production numbers here and brent above 80$. Petrotal on the way to outperform FCF guidance same as in 2023. Production also becomes less impacted from decline (more wells) and disturbance (more routes and stable social fund) #ptal $tal.to

FI Gambler 🚀

@fi_gambler

8 months

01/25/24 13:30:33 GMT - New Production PetroPeru Data for #PTALDATA - see Average Monthly Production: 19017.48 BOPD Rolling 7 Day Average: 21082.57 BOPD Netback assumption: $40 USD/BBL Annualized NetBack based on rolling average: $307.81 MM USD

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@Henrik115

2 years

Petrotal had some amazing achievements this year 1) 53% increase in 2P reserves 2) Long term social fund solution 3) Becoming net cash positive. #PTAL are now in drilling/growth mode again and soon to start with dividends/buybacks. Set to follow 2019&2021 H2 SP path with drilling

Alexander Stahel 🌻

@BurggrabenH

2 years

Good summary of PetroTal's news flow yesterday. #TAL #PTAL

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Henrik

@Henrik115

2 years

Petrotal production/offtake looking excellent. 1 month until next well with excellent location and in 3months another well and ONP reopening-> new production record coming. Graph is looking like we will get break-out and next leg up towards 1cad. #PTAL $Tal.v

FI Gambler 🚀

@fi_gambler

2 years

05/30/22 17:23:08 GMT - New Production PetroPeru Data for #PTALDATA - see Average Monthly Production: 15017.38 BOPD Rolling 7 Day Average: 15404.43 BOPD Netback assumption: $60 USD/BBL Annualized NetBack based on rolling average: $337.36 MM USD

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@Henrik115

2 years

Bought more Petrotal $TAL.V #PTAL , Maha Energy $MAHA A and Vermilion Energy $VET.TO in the last days. Extremely strong fundamentals in all 3 at the moment. Maha Energy also benefitting from weak SEK vs. USD which make it very cheap vs. historically EV/EBITDA run-rate, see table.

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Henrik

@Henrik115

1 year

That is a lovely new record production for a month. #PTAL $tal.to

FI Gambler 🚀

@fi_gambler

1 year

04/04/23 22:12:53 GMT - New Production PetroPeru Data for #PTALDATA - see Average Monthly Production: 20499.52 BOPD Rolling 7 Day Average: 22104.43 BOPD Netback assumption: $60 USD/BBL Annualized NetBack based on rolling average: $484.09 MM USD

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Henrik

@Henrik115

2 years

#PTAL buy-back program will take care of too much free-floating shares from unpatient Investors, this is a Long-term game not a sprint. Petrotal do a fast development of Bretana and peak FCF will come later once most of the drilling is done, we are just half-way now.

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Henrik

@Henrik115

2 years

Petrotal investor presentation lots of interesting stuff. Investors worried about FCF should listen. Once all wells are driĺled by 2026, maintenance capex ~25m$ , high plateau production expected with max cap of 26k bopd. FCF machine. #PTAL $tal.v

Jesper Olsen

@Jesper_M_Olsen

2 years

Watch @Petro_Tal investor event from 19/1 23 a cashflow machine in the making. >15% dividend - buyback and growth for years to come #ptal #oott $ptal

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Henrik

@Henrik115

3 years

This call 18months ago was one of the best I have made in my life. $FEC $FEC.to

Henrik

@Henrik115

4 years

Frontera Energy $FEC Mcap 220m$: 43k bopd in Colombia with opex 27$ Mid stream assets 300m$ Guyana exploration (market value 100m$) Exploration Ecuador, JV with Geopark New production/exploration, JV with Parex Long term debt 350m$ 395m$ cash thereof 139m$ restricted

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Henrik

@Henrik115

3 years

Main portfolio holdings at the moment: Petrotal, Jadestone Energy, Frontera Energy, Maha Energy, Okeanis Eco Tankers, Hummingbird resources, Bluerock Diamonds and Serneke. 75% in Oil companies. #PTAL #JSE $OET $TAL.V $FEC #HUM #BRD $SRNKEB $MAHAA

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Henrik

@Henrik115

3 years

Petrotal: I updated my model with strong Brent price (50$ netbacks) and longer production plateau in line with 10H performance and reserve update. FCF peaks in 2024/2025 at 300m$ p.a. Mcap 470m$. 150m$ (0.2CAD) dividends p.a. seems doable @Petro_Tal @BurggrabenH $TAL.V #PTAL

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Henrik

@Henrik115

2 years

#PTAL it is happening

Ministerio de Energía y Minas

@MinemPeru

2 years

#AHORA Junto al Premier @anibaltorresv , el titular del MINEM, Carlos Palacios, representantes de Perupetro, PETROTAL y de las comunidades nativas del área de influencia directa del #Lote95 en #Loreto , firman acuerdo para levantar medida de fuerza y crear Mesa técnica de trabajo.

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Henrik

@Henrik115

2 years

#PTAL market ignore the last weeks of positive news. Bond repayment in Q1 is almost a done deal now. Petroperu repayments will help to build net cash quickly. Should be possible for divi/buyback to start in Q2. 2P NAV also likely to increase to around 2CAD per share. $tal.v

FI Gambler 🚀

@fi_gambler

2 years

12/28/22 14:21:34 GMT - New Production PetroPeru Data for #PTALDATA - see Average Monthly Production: 10816.31 BOPD Rolling 7 Day Average: 22560.00 BOPD Netback assumption: $60 USD/BBL Annualized NetBack based on rolling average: $494.06 MM USD

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@Henrik115

3 years

#PTAL still the cheapest thing outwhere 💪 $tal.v #trustTheShrub

Le Shrub🌳🔥🇺🇦

@agnostoxxx

3 years

In this weekend’s “Shrub’s Corner of the FT” analysis, I examine in a non-emotional way why Russian stocks were a bad risk/reward: It’s because you could get the same Oil exposure as cheap in other countries with no event risk (I highlighted the main risk as being delisting).

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Henrik

@Henrik115

3 years

Wow check out the massive interest for Petrotal. Once the social unrest is clarified we will get back into the positive loop. Remember 2P NAV 1.5CAD at brent 70-75$. Brent now 117$ and 2P will just continue to increase over time. #PTAL $TAL.v

Alexander Stahel 🌻

@BurggrabenH

3 years

I will launch a PetroTal sub-community by invite only. Please DM if you would like to join. It does not matter if you are a shareholder or not. Hint: I will share some exiting news. Many thx for your support and swarm intelligence. #TAL #PTAL @Henrik115 @fi_gambler et al

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Henrik

@Henrik115

2 years

The numbers below and that Petrotal is roughly 6months from dividend/buybacks gives me NO doubt that sharholders will soon get rewarded. It has been a volatile Journey since 2018 but certainly rewarding so far. Holding on to winners is key for me, the rest is noise. #PTAL

Lowie

@SLowie100

2 years

#PTAL - this slide is what it’s all been about for me. Getting to a point where FCF would get to a level that any sort of dividend or buyback would only mean a very yield and or a high capital appreciation. “Allocating a majority of free cash flow”

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Henrik

@Henrik115

1 year

Petrotal 21m shares traded on TSX , is the share overhang gone now? #PTAL $tal.to

Henrik

@Henrik115

1 year

Petrotal Generated $53.5 million ($47.12/bbl) and $47.9 million ($42.23/bbl) of net operating income and EBITDA, respectively over Q1. That was at production level of 12,618 bopd. Now production in excess of 20,000 bopd. Divi/buybacks start in Q2. #PTAL

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@Henrik115

1 year

#PTAL production numbers continue to look great. Next well should also come online soon. NCIB approval and start also to be expected soon. $TAL.to

FI Gambler 🚀

@fi_gambler

1 year

04/17/23 22:31:55 GMT - New Production PetroPeru Data for #PTALDATA - see Average Monthly Production: 19145.19 BOPD Rolling 7 Day Average: 19450.43 BOPD Netback assumption: $60 USD/BBL Annualized NetBack based on rolling average: $425.96 MM USD

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Henrik

@Henrik115

2 years

Petrotal production/off-take data looking excellent. Share price low than before the massive reserve upgrade and before oil went above 100$. Will catch-up at some point. 2P NAV at 1.47cad. with current oil fwd curve 2P NAV probably 2CAD. Then 3P upside on Top of that. #PTAL

FI Gambler 🚀

@fi_gambler

2 years

04/29/22 13:14:41 GMT - New Production PetroPeru Data for #PTALDATA - see Average Monthly Production: 13279.59 BOPD Rolling 7 Day Average: 19131.00 BOPD Netback assumption: $60 USD/BBL Annualized NetBack based on rolling average: $418.97 MM USD

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Henrik

@Henrik115

2 years

Petrotal 1-year chart. In the last year 4 amazing wells came online, reserves up 60%, Production and FCF up a lot. Just the beginning. #ptal $tal.v

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Henrik

@Henrik115

2 years

$tal.v the discount vs. 2PNAV (2cad) is just too high given the company track record of drilling, solving unrest and solving logistical challenges, paying back debt faster than original plan etc.

Henrik

@Henrik115

2 years

@cheetah_yk @ColinCa92604304 @kingsonheights Some stuff could of course be better. But question is if you can ever find a world class assets with perfect setup that trade at huge discount. #PTAL will probably never trade at fair value but discount of 70% vs. 2PNAV is too cheap, in my view 40% is more right, that is 1,2CAD.

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Henrik

@Henrik115

2 years

The power of compounding returns. At 20% annual returns you will make: 100% after 4 years 200% after 6 400% after 9 1000% after 13 2000% after 17 10000% after 26 years It requires patience and strategy that 99% of population don't got. What is most important to succeed?

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Henrik

@Henrik115

3 years

Hold on to your energy stocks.

Michael A. Arouet

@MichaelAArouet

3 years

Energy vs. Tech in historical perspective 👇 ht @JeffWeniger

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Henrik

@Henrik115

2 years

Summary thread for a few of my investment cases during 2022 and outlook for 2023. Starting with #PTAL solid performance despite some delays/issues, still up 50% this year, waiting for next leg upwith divi/buybacks starting in 2023. 1/6

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Henrik

@Henrik115

2 years

Strong buying interest for $tal.v in last sessions on TSX. LSE #PTAL have been slower. Trading at EV/EBITDA~1, 50% FCF yield of 50% and 60% discount to 2PNAV (with further large increase in 2P NAV expected) #ptal is dirty cheap.

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Henrik

@Henrik115

2 years

#PTAL

Mr. Realist, PH D

@MrRealist10

2 years

$TAL.V eight capital prelim Q2 update with $2.25 PT

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@Henrik115

2 years

Petrotal: If #PTAL get back to producing at ~20k bopd, it is ~400m$ EBITDA run-rate. Cheap as chips, that's why people rush to get back in. $TAL.V

Henrik

@Henrik115

2 years

#PTAL it is happening

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Henrik

@Henrik115

2 years

I added some more #PTAL shares today. Expecting that our patience will soon pay out. Even with reduced production Petrotal keeps adding cash and every day that pass is a step closer towards the start of distribution of FCF to shareholders. $TAL.v

PetroTal

@Petro_Tal

2 years

A new research note from Peel Hunt. The firm have a TP on the shares of 110p (currently trading at ca.40p) & state: ‘PTAL remains in a strong financial position, which should result in it moving into net cash by year end & being entirely debt free in 1Q23E.’

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Henrik

@Henrik115

3 years

Petrotal 3P production profile here are the numbers, 3bn$ netbacks over 10 years at flat price 75$ (45$netbacks). 67m bbl production. 12% discount rate for Peru risk. Fair value 1.57CAD / 92P. Analysts targets likely to come out in line with this in the coming 1.5 years. #PTAL

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Henrik

@Henrik115

1 year

Good read on the oil market bull case for H2-23.

Bison Interests

@BisonInterests

1 year

Recession Fears Mean Opportunity In The Oil Market

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Henrik

@Henrik115

2 years

Merry Christmas twitter friends! 2022 was a good year. 2023 will be better. Keep working and learning. But most importantly spend time with family and enjoy life.

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Henrik

@Henrik115

2 years

This tweet aged rather well looking at UK windfall tax on O&G today. Actually no country is safe and the myth of western countries as safe Jurisdiction likely to get hit again. #ENQ #SQZ #COM #PTAL

Henrik

@Henrik115

3 years

Investors are not yet factoring in that ESG countries might pose more political risk than Emerging markets. South America and Africa want international investments but western countries politicians/voters do not understand value of energy/commodities. #OOTT #MINING

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Henrik

@Henrik115

2 years

Petrotal get ready for some great news flow ahead with 11H coming online. Mcap 485m$ is just crazy low vs. current netbacks. #ptal $tal.v

Henrik

@Henrik115

2 years

#PTAL should be roughly a month until 11H comes online, that together with 12H will set the stage for a great Q3 with >100m$ netbacks. Q2 should be around 80m$. $tal.v

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Henrik

@Henrik115

1 year

#PTAL steady production at just below 20k bopd with netbacks of around 50$ means that Petrotal can outperform the capital budget significantly if this continue through out the year. $tal.to

FI Gambler 🚀

@fi_gambler

1 year

04/13/23 04:29:49 GMT - New Production PetroPeru Data for #PTALDATA - see Average Monthly Production: 18715.40 BOPD Rolling 7 Day Average: 19421.43 BOPD Netback assumption: $60 USD/BBL Annualized NetBack based on rolling average: $425.33 MM USD

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Henrik

@Henrik115

2 years

#PTAL off-loading numbers back on track $TAL.V

FI Gambler 🚀

@fi_gambler

2 years

08/02/22 01:43:50 GMT - New Production PetroPeru Data for #PTALDATA - see Average Monthly Production: 10485.19 BOPD Rolling 7 Day Average: 14496.29 BOPD Netback assumption: $60 USD/BBL Annualized NetBack based on rolling average: $317.47 MM USD

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Henrik

@Henrik115

2 years

Valeura Energy $VEl #VLU is a deep value case that is likely to re-rate. Before the recent acquisition $VLE had cash on hand 40m$ which is equivalent of 0.58CAD/share and a huge deep tight gas asset in Turkey. In this thread I will explain why I am buying $VLE shares.

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Henrik

@Henrik115

2 years

#PTAL netbacks should be around 45$ at the moment. Low barging 10k bopd still gives 14m$ CF per month. For the stock price to start to move up we need an increase in barging to get to 15-17k bopd or that we receive the petroperu payment. Currently a waiting game before take-off.

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Henrik

@Henrik115

6 months

#PTAL

constantin savin

@savinfamily

6 months

Canaccord Genuity has given a “BUY” rating with a target price of $1,20 for this 13% quarterly dividend paying #oil / #gas stock: PetroTal Corp./ $TAL.TO 👇

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Henrik

@Henrik115

2 years

#ptal $tal.v

Lars Schmidt

@lars_lindskrone

2 years

@Henrik115 🔥

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Henrik

@Henrik115

3 years

I decided to add further to my Petrotal holding in the last days. In this thread I will explain the excellent risk/reward opportunity that I see here. #PTAL $tal.v 👇👇👇

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Henrik

@Henrik115

2 years

Overall I am up ~35% this year, which is rather good given bearishness also in oil market lately. Next year will be focus on creating strategy to reinvest dividends. I aim at 20% long-term returns with my strategy to focus on companies that combine divi/buyback/growth. 6/6

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Henrik

@Henrik115

2 years

#PTAL not easy to estimate production, capex and FCF going forward. But let`s say 15k bopd, netbacks 45$ at brent 80$ -> 250m$ operational CF. Capex to keep that production is probably 40-50m$ but Capex plan might be larger. G&A 25m$. Corporate Tax will start some point. 1/2

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Henrik

@Henrik115

1 year

$VLE.TO 23,700 bopd in the last 11 days. 140m$ mcap, EV will be negative by year end. And 2024 will have FCF larger than mcap. Added to my position in the last week.

Successful Completion of Nong Yao Infill Drilling - Valeura Energy Inc.

Calgary, June 13, 2023: Valeura Energy Inc. (TSX:VLE) (“Valeura” or the “Company”), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, is pleased to...

www.valeuraenergy.com

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Henrik

@Henrik115

2 years

Perenco block 97 in Peru adopt 2.5% social royalty. #PTAL ESG leadership cause other companies to follow. #peru #oil

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Henrik

@Henrik115

2 years

Petrotal: let’s play with the numbers for Q3-22. Can #PTAL deliver 17k bopd at brent 120$ in Q3 >> 120m$ netbacks and 80m$ FCF in one quarter. Mcap 600m$. Do the math. $tal.v

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Henrik

@Henrik115

2 years

#PTAL

Harry Chris

@hchris999

2 years

$TAL.V #PTAL Petroperu has advised that they've completed the audit and will have statements approved at their AGM before 9/30. This will open the door to receiving the $54m & repayment of all debt for PetroTal. Then will be share buybacks & dividends

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Henrik

@Henrik115

1 year

OPEC protecting oil price downside. As I said before oil likely to trade sideways 70-90$. But oil stocks are dirty cheap. My top picks #ptal $vle $ite #i3e #JSE $okea $maha

Amena Bakr

@Amena__Bakr

1 year

Saudi Arabia will be making additional voluntary cuts #oott

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Henrik

@Henrik115

2 years

Petrotal latest data looking good. Even though the long stop average yearly production at 11,3k bopd vs. 8,8k bopd last year. Annual results will be published this week. I think #PTAL is still on track to double production vs. 2021, with higher oil price also netbacks can do x2.

FI Gambler 🚀

@fi_gambler

2 years

04/25/22 20:01:08 GMT - New Production PetroPeru Data for #PTALDATA - see Average Monthly Production: 11502.71 BOPD Rolling 7 Day Average: 16936.00 BOPD Netback assumption: $60 USD/BBL Annualized NetBack based on rolling average: $370.90 MM USD

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Henrik

@Henrik115

2 years

Nice view today from my balcony

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Henrik

@Henrik115

2 years

#PTAL some great production/off-take numbers in the last two weeks. Net cash will grow very fast in Q1. At current Brent and 15k bopd, I expect 75m$ cash after Bond repayment by end of Q1.

FI Gambler 🚀

@fi_gambler

2 years

12/29/22 13:22:26 GMT - New Production PetroPeru Data for #PTALDATA - see Average Monthly Production: 11688.19 BOPD Rolling 7 Day Average: 22740.14 BOPD Netback assumption: $60 USD/BBL Annualized NetBack based on rolling average: $498.01 MM USD

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Henrik

@Henrik115

2 years

Petrotal 2023 capex plan of $100m. Sounds like a lot of FCF for dividend/buybacks after bond is repaid early 2023. #PTAL $tal.v

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Henrik

@Henrik115

9 months

#PTAL

Petroperú S.A.

@petroperu_sa

9 months

El Tramo II del #OleoductoNorperuano reinició sus actividades en óptimas condiciones, asegurando la confiabilidad y seguridad del transporte de hidrocarburos líquidos. (1/2)

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Henrik

@Henrik115

2 years

#PTAL rangebound in 1-year timeframe. Why because 2nd and 3rd largest holder sold out on every up-move on good progress (reserves, petroperu/bond repayment etc.). In my view once this short term bearish move in oil is over and buybacks start the real upside opens.

Henrik

@Henrik115

2 years

If market is able to take this volume on #PTAL it is a good sign. 2nd and 3rd largest shareholder sold huge volume in the last year after doing 300-400%.

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Henrik

@Henrik115

3 years

Maybe the ”Contrarian”-trade is not to buy gold/silver miners but instead just continue to buy/hold oil/gas/coal producers? Supply is not increasing and we are still in reopening. Inflation peaked, CBs not stressed to raise. Equities still best asset class. What changed?

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Henrik

@Henrik115

2 years

This is exactly why it doesn't make sense to me to sell high quality oil companies just because oil price can be weak for some time. The medium term fundamentals are better than ever since the sector don't invest enough to maintain production.

Sankey Research

@crudegusher

2 years

Hint: oil equity bulls have been waiting for decades for this chart; which happens to be super-bullish for medium term oil prices

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Henrik

@Henrik115

3 years

According to my model Petrotals Bretana field will deliver FCF of roughly 1.5bn$ in the coming 10 years. After many years of large investments, FCF will now start increase rapidly and peak in 2024 at ~240m$. Mcap 300m$ with outlook to become debt free in 2022. #PTAL $TAL.V

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Henrik

@Henrik115

2 years

#PTAL recap of 2021 reserve report: 2P reserves 1389m$ with brent avg $72.31. The trend is that 3P become 2P, also with higher Brent my guess is that 2P will soon stand at 2bn$ , hopefully already in 2022 reserve report. $tal.v

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Henrik

@Henrik115

4 years

Petrotal revaluation soon to start: Mcap: 110m$, EV 140m$ Restart production 12000bopd -> annual netback 88m$ One well planned later this year -> Exit 2021 at 15000bopd If Brent avg. 50$ in 2021-> netback 2021 135m$ and 2021 EV/EBITDA ~ 1.2 , P/E ~ 1.3 #ptal $tal.v #OOTT

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Henrik

@Henrik115

2 years

#ptal restart in the cards.

Ministerio de Energía y Minas

@MinemPeru

2 years

El ministro de Energía y Minas, Carlos Palacios, lidera reunión con representantes de PETROTAL, PERÚPETRO y la Asociación Indígena de Desarrollo y Conservación de Bajo Puinahua (AIDECOBAP), a fin de establecer acuerdos en torno al desarrollo del Lote 95, en #Loreto .

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Henrik

@Henrik115

2 years

#PTAL assume H1-22 14k bopd 60$ netback-> 153m$ netbacks. H2-22 20k bopd ->219m$ , thereby end of Q3-22 ~260m netbacks. That would imply that Petrotal will most likely have No problem to pay back the outstanding 80m$ Bond by end of Q3. #PTAL $TAL.v

FI Gambler 🚀

@fi_gambler

2 years

05/17/22 15:26:32 GMT - New Production PetroPeru Data for #PTALDATA - see Average Monthly Production: 17215.87 BOPD Rolling 7 Day Average: 16896.00 BOPD Netback assumption: $60 USD/BBL Annualized NetBack based on rolling average: $370.02 MM USD

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Henrik

@Henrik115

2 years

Petrotal some good action this week but the real fireworks are yet to come. #PTAL $TAL.v

Henrik

@Henrik115

2 years

Petrotal production/offtake looking excellent. 1 month until next well with excellent location and in 3months another well and ONP reopening-> new production record coming. Graph is looking like we will get break-out and next leg up towards 1cad. #PTAL $Tal.v

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Henrik

@Henrik115

1 year

Petrotal #PTAL weekly chart below, looks like the long-term trend can continue after a 1-year period of sideways trading. Strong fundamentals with increased production/reserves. Debt free and first dividend expected in June, NCIB also expected to get approved soon. $tal.to

Henrik

@Henrik115

2 years

#PTAL rangebound in 1-year timeframe. Why because 2nd and 3rd largest holder sold out on every up-move on good progress (reserves, petroperu/bond repayment etc.). In my view once this short term bearish move in oil is over and buybacks start the real upside opens.

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