Added to YB: 2026-10-14
Pitch date: 2026-10-12
AXL.V [bullish]
Arrow Exploration Corp.
Author Info
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Company Info
Arrow Exploration Corp. operates a junior oil and gas company that engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada.
Market Cap
CAD 144.3M
Pitch Price
CAD 0.71
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.13
P/E
10.30
EV/Sales
1.25
Sector
Oil, Gas and Consumable Fuels
Category
value
A 10%+ Portfolio Position. Multiple Catalysts. Our Best Macro Idea for the Next 6 Months? - Arrow Exploration Corp.
AXL.V (hold): Arrow remains the third-largest position, with a further increase under consideration. Front-loaded Colombian wells can start above 2,000 bbl/d and, according to management, repay in under three months at 500%+ project IRRs. At 6,300 boe/d and $90 Brent, modeled annual cash flow after tax and maintenance capex but before growth capex is $81M, ~69% of $118M EV. A 5+5 Tapir extension was previously estimated to lift the stock 30–50%; a full-life extension would be better. Returns depend on extension approval and disciplined reinvestment.
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