Acquires oil and gas license interests and assets. Conducts exploration activities to discover new oil and gas reserves. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
Average growth of 31% a year over the last 4 years. Red columns mark years that ended in a loss.
At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.
This company is not turning a profit, so the market is pricing its sales instead: 0.6× for every dollar of annual revenue.
No analyst target is on record for this company.
The stock trades 46% below its peak. The market has trimmed its expectations for the company.
Over the last 4 years, sales grew about 31% a year on average.
The company sells $10.2B a year; the problem isn’t sales — it’s costs running above that number.
It pays out $0.21 per share each year — regular cash for whoever holds the stock.
A loss of $186.0M against $10.2B in annual sales.
Since the drop from its peak, buyer appetite hasn’t come back.
Against everything we grade, PMOIF lands somewhere in the middle. The grade moves as the numbers move.
The takeaway: PMOIF has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.
Not covered, because the filings we hold do not carry it: the revenue breakdown.