Risk factor
Very vulnerable to price shocks
Profitability factor
Solid dividends
About
Panoro Energy ASA, an independent exploration and production company, engages in the exploration, development, and production of oil and gas in Africa. The company holds assets in the Equatorial Guinea, Gabon, Tunisia, South Africa, and Nigeria. As of December 31, 2021, its 1P reserves included 71.5 million barrels of oil (MMbbls), 2P reserves comprised 99.7 MMbbls, and 3P reserves consisted of 131.3 MMbbls in the Tortue, Ruche, Ruche Northeast, and Hibiscus fields. The company was incorporated in 2009 and is headquartered in London, the United Kingdom.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, undervalued on EV/EB
Target Price
The average target price of PEN.OL is 43 and suggests 30% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa
Buy
Sell