Latest Research

Pacific Energy (PEA) - Powering On

Pacific Energy Logo

 

PEA has begun to deliver on a substantial 125MW pipeline (tendered or priced). The recent 11MW Altura Mining contract win, along with 11MW of additional capacity secured with existing customers, takes PEA’s Group contracted capacity to 278MW. The strength of PEA’s order book and the potential for further material contracts in the coming months has provided cause for us to upgrade our FY18 and FY19 forecasts for the Company. PEA is a standout performer in the typically volatile resource services space and we maintain a buy call on a revised blended valuation of $0.85 (prior $0.82).

To access our review of Pacific Energy please log in under the Client Area Log In at the bottom of this page.

Argonaut’s Client Area allows you to view delayed share prices, access Argonaut’s wealth of Research as well as create custom portfolios and set up company watch lists.

If you would like to access our research please contact us to create an account.

Perth:
This email address is being protected from spambots. You need JavaScript enabled to view it.
+61 8 9224 6888

Hong Kong:
This email address is being protected from spambots. You need JavaScript enabled to view it.
+852 3557 4888

 



Google+