Added to YB: 2026-05-21
Pitch date: 2026-05-19
BUCE.L [bullish]
Buccaneer Energy plc.
Author Info
No bio for this author
Company Info
Buccaneer Energy plc., together with its subsidiaries, engages in the exploitation of hydrocarbon resources in the United States.
Market Cap
GBP 2.5M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
-9.73
P/E
-0.31
EV/Sales
3.34
Sector
Oil, Gas and Consumable Fuels
Category
value
Buccaneer Energy plc. - $BUCE.L
BUCE.L: Producing East Texas oil fields generating £250k/mo FCF (~£3M/yr) vs £1.7M mkt cap. NPV10 $10.5M (£8.3M) at $52 oil; realizing $98/bbl. OOR pilot doubled production to 30 bopd at workover cost, expanding Q2. Fouke waterflood mid-yr targets 667k-1M additional bbls (2-3x reserves). Premier Miton cornerstone investor. Carlisle-1 acq: 80%+ IRR, 9mo payback, >50% waterflood unit control. 150 bopd now, 200 bopd yr-end target. Trading <1x EV/FCF, 80% discount to NPV10.
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