Member Info for ralph2010

Revenue and Profitability:

In 2023, the company reported revenues of $93.79 million, marking a 21.39% decrease from the previous year.

STOCK ANALYSIS

Despite the decline in revenue, Navitas achieved a net income of $36.01 million in the same period.

STOCK ANALYSIS

Earnings Per Share (EPS):

The earnings per share for 2023 stood at $0.37.

STOCK ANALYSIS

Valuation Metrics:

The company has a price-to-earnings (P/E) ratio of 154.54, indicating a high valuation relative to its earnings.

STOCK ANALYSIS

Stock Performance:

Over the past year, Navitas Petroleum's stock price has surged by approximately 20,545.16%, reflecting strong investor confidence.

STOCK ANALYSIS

Operational Highlights:

Navitas holds a diversified asset portfolio, including projects like Shenandoah, Sea Lion, Buckskin, Monument, Denbury, Neches, and Yucatan.

STOCK ANALYSIS

The company focuses on exploration and production activities in North and South America.

STOCK ANALYSIS

Financial Position:

As of December 31, 2023, Navitas reported total assets of $1,127,638,000 and total liabilities of $1,004,624,000, resulting in a net equity of $123,014,000.

NAVITAS PET

The return of MarlonMonkey would herald a new dawn.

Thank god for Trump. We need to UK to follow suit. 50000 "asylum seekers" being given leave to remain a month now, that means benefits, housing, healthcare all at our expense and most of them will never get a job. Parasites for life.

The most prominent stock in the past five years is that of Navitas Petroleum, headed by Chairman and Founder Gideon Tadmor, which yielded 328% during this period, and today, 9 years after its establishment, it is traded at a value of NIS 5.7 billion. Navitas' surge occurred against the backdrop of its positive results in recent years. For example, in January-June 2024, Navitas' revenue was $42.7 million and net income was $15.3 million, compared with revenues of $42.4 million in the corresponding period and net income of $10.2 million.

Navitas is focusing on acquiring proven oil and gas assets, the development of which it is advancing until production. Although the yield for such projects is lower than for a new gas discovery, the risk is much lower. The reason: Only 15-20% of the exploratory drilling that is done actually leads to commercial gas discoveries.

https://www.calcalist.co.il/market/article/rytkhxgbjg

Ovets - No I havent. There has been FEEDS, exploration, farmouts and mergers for 20 odd years and ~£1.5 billion spent, and not one single barrel of Oil produced thus far. So I'm not getting excited about an EIS that FI have to accept really, were always going to, or face a grim future. I see it as moot in the bigger picture.

PMO spent a fortune on FEEDs, etc, and still, it amounted to nothing. Funding is 100% the issue. For the SP now and in the future, the rest is going through the motions.

Aim - Tend to agree, a formality. It has not been news issued via and RNS, so not market affecting news.

Difficult to call, even good RNSs quite often result in a drop. With FID I would expect IIs to start coming in and sentiment can change quickly. Might not be a sellar rise, but a slow building of SP as things start to move.

Xenophobic ? I am glad the Israelis came along, and yes its due to their culture and business attitude. Studying a module on innovation right now and studying the Japanese "kaizen", its ingrained in their work culture and it puts us to shame when building a car etc. Just because someone points out an observed behaviour of a particular culture it doesnt mean its a phobia or derogatory.

Yep, thats where £22billion has gone when we should be using it to build our weak armed forces.

I was negative with the PMO & RKH partnership and it turned out I was right, it was toxic way before Navitas was on the scene. I have changed my mind based on recent developments. I have always stated its a gamble for me from here on.

Im must be the other Godbold of what ever it is

Ive been buying more in the dips. Cheers Aiminvestors !

If true you gotta hand it to him, the plan worked.

Never told anyone to buy or sell, thats what you do with your "info".

MD said the same about ARG, oops. He has been sniffing glue again.

If FID happens the FI would be a good place to escape the intentional destruction of the UK.

I would prefer 2025.

But will FID happen is the question. If you think it will, then this a great time to load up. I am taking the gamble, think its worth a shot and will only lose what im prepared to.

But wouldnt I meet you there ?