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Added to YB: 2025-11-21

Pitch date: 2025-11-20

LCX.V [bullish]

Lycos Energy Inc.

Author Info

Benevolus is a value investor that takes value wherever they can find it. Most of their positions are long microcap equities. Sign up for the newsletter.

Company Info

Lycos Energy Inc., a resource company, engages in the development and production of petroleum and natural gas in Western Canada.

Market Cap

CAD 76.7M

Pitch Price

N/A

Price Target

3.00 (+101%)

Dividend

N/A

EV/EBITDA

2.04

P/E

-1.23

EV/Sales

0.97

Sector

Oil, Gas and Consumable Fuels

Category

special_situation

Show full summary:
My Biggest Position. EV/Cash Flow of 2x, with an Expected 100-200% Return on At-Risk Capital - Lycos Energy Inc.

LCX.V: Canadian heavy-oil microcap trading at 38% of intrinsic value. C$0.90/share (60% of stock price) ROC distribution Nov 28 to Nov 20 record holders. Post-distribution stub at C$31.5M market cap retains 1,700 bbl/d Mannville production worth C$76.5M + C$65M NOLs. Management selling assets, likely full wind-up. 1-2x upside.

Read full article (2 min)