Added to YB: 2026-09-10
Pitch date: 2026-09-07
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
-5.87
P/E
-0.54
EV/Sales
4.39
Sector
Oil, Gas and Consumable Fuels
Category
value
Buccaneer Energy plc. - $BUCE.L
BUCE.L (hold): Buccaneer’s improving Texas business supports holding, but not sizing up for the European story: production is ~135 bopd, June generated ~$200,000 of positive net cash flow, and NPV10 reached ~$11.7 million versus a post-dilution market cap near £2 million. Low-capital OOR could lift production 20-30%, while the delayed Q4 Fouke waterflood remains the key catalyst and another slippage would be a problem.
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