Pieridae Energy Intrinsic Stock Value – Pieridae Energy Reports Voting Results from Annual Shareholder Meeting
May 13, 2023
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Pieridae Energy ($TSX:PEA) has released their Voting Results Report from their annual shareholder meeting. Pieridae is a public company specializing in energy solutions, including liquefied natural gas (LNG). The company sells its LNG to customers in Europe, Asia and North America. Its goal is to bridge the gap between supply and demand and provide cost-effective solutions for global energy needs. The report outlines the decisions that were made at the meeting and includes voting results on key matters, such as the election of directors and the approval of executive compensation.
This report provides shareholders with valuable insight into how their voting has resulted in company decisions. With this information, shareholders can make more informed decisions about their investments in Pieridae. This report provides valuable insight into how shareholders can influence the decisions of the company and can help them make more informed investing decisions.
Market Price
Stock opened at CA$0.5 and closed at CA$0.5, a decrease of 1.9% from the prior closing price of 0.5. This marks a slight decline from the previous week’s closing price and shows that shareholders may be uncertain of Pieridae Energy‘s future prospects. As such, investors will be watching with interest to see how Pieridae Energy performs in the coming weeks and months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Pieridae Energy. More…
| Total Revenues | Net Income | Net Margin |
| 487.83 | 146.58 | 30.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Pieridae Energy. More…
| Operations | Investing | Financing |
| 88.17 | -28.86 | -63.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Pieridae Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 615.48 | 500.72 | -0 |
Key Ratios Snapshot
Some of the financial key ratios for Pieridae Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 66.9% | – | 20.1% |
| FCF Margin | ROE | ROA |
| 10.0% | 106.5% | 10.0% |
Analysis – Pieridae Energy Intrinsic Stock Value
At GoodWhale, we have conducted a thorough analysis of PIERIDAE ENERGY‘s financials. After careful consideration, our proprietary Valuation Line has determined that the intrinsic value of PIERIDAE ENERGY’s stock is roughly CA$0.9. Currently, the stock is trading at CA$0.5, representing a significant undervaluation of 43.0%. Therefore, we believe that now is an attractive time to invest in PIERIDAE ENERGY’s shares. More…
Peers
The competition among Pieridae Energy Ltd and its competitors is fierce. All of the companies are striving to be the leading provider of energy services in their respective markets. Each company has its own strengths and weaknesses, but Pieridae Energy Ltd has the advantage of being the most diversified and experienced company in the industry.
– Silk Road Energy Inc ($TSXV:SLK.H)
Jura Energy Corporation is an oil and gas exploration and production company with operations in Pakistan. The company has a market capitalization of $8.98 million and a return on equity of -42.19%. Jura Energy is focused on the exploration and development of oil and gas resources in Pakistan. The company has a portfolio of exploration and production projects in the Indus Basin. Jura Energy is listed on the Pakistan Stock Exchange.
– Jura Energy Corp ($TSXV:JEC)
Wentworth Resources PLC is an independent oil and gas company with a focus on production and development in East Africa. The company has a market cap of 46.07M as of 2022 and a Return on Equity of 4.65%. Wentworth Resources is engaged in the exploration, development, and production of natural gas in Tanzania and Mozambique.
Summary
Pieridae Energy, an integrated Canadian energy company, recently concluded its Annual Shareholder Meeting. Following the meeting, voting results were reported which showed strong support for the company’s initiatives. Investors have shown confidence in Pieridae’s plans to move forward with the construction of their Goldboro LNG facility in Nova Scotia and the execution of their planned energy projects. The approval of these initiatives is expected to bring substantial growth opportunities for the company in the coming years.
Pieridae’s success will depend on the successful delivery of their energy products and services to customers in Canada and abroad. If successful, Pieridae will be well positioned to capitalize on the growing global demand for low-cost, clean energy.
