President’s AGM update again highlights the broad-based and extensive work programme it is pursuing across its enlarged portfolio. Activity on numerous fronts in Argentina, Louisiana and Paraguay is set to deliver another year of strong and profitable growth. However, planned and unplanned disruptions lead us to trim back 2019 production and EBITDA estimates. Still, valuation remains highly compelling, with the shares trading at the low-end of peers on numerous measures. A continuation
27 Jun 2019
President Energy - AGM update
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President Energy - AGM update
Molecular Energies PLC (MEN:LON) | 7.0 -1.2 (-70.8%) | Mkt Cap: 0.87m
- Published:
27 Jun 2019 -
Author:
Jonathan Wright -
Pages:
8
President’s AGM update again highlights the broad-based and extensive work programme it is pursuing across its enlarged portfolio. Activity on numerous fronts in Argentina, Louisiana and Paraguay is set to deliver another year of strong and profitable growth. However, planned and unplanned disruptions lead us to trim back 2019 production and EBITDA estimates. Still, valuation remains highly compelling, with the shares trading at the low-end of peers on numerous measures. A continuation