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Garvit Bhandari

Founder, CEO

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Equity Bottom-Up

Jericho Energy Ventures  / Equity Bottom-Up

<ul>
<li>JEV announced plans to separate its Hydrogen Platform into a separate public company (SpinCo), potentially via a spin-off . The parent will retain the oil &amp; gas business.</li>
<li>The spin-off makes sense given the lack of synergy between the businesses. The transaction provides each business with access to equity and debt capital markets to fund their growth strategies.</li>
<li>We anticipate the spin-off to be  value accretive for shareholders. We expect re-rating as the green energy business will receive higher multiple compared to the hydrocarbon assets.</li>
</ul>


JEV announced plans to separate its Hydrogen Platform into a separate public company (SpinCo), potentially via a spin-off . The parent will retain the oil &amp; gas business.
The spin-off makes sense given the lack of synergy between the businesses. The transaction provides each business with access to equity and debt capital markets to fund their growth strategies.
We anticipate the spin-off to be  value accretive for shareholders. We expect re-rating as the green energy business will receive higher multiple compared to the hydrocarbon assets.


Spin-Off Analysis - Jericho Energy Ventures Inc. (TSXV: JEV; OTC Pink: JROOF)

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Jericho Energy Ventures (JEV CN)

Spin-Off Analysis - Jericho Energy Ventures Inc. (TSXV: JEV; OTC Pink: JROOF)

JEV to separate Hydrogen Platform business into a separate publicly listed company (SpinCo), potentially via a spin-off. Anticipated to be value...

GSBR Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

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Spin-Off Analysis - Jericho Energy Ventures Inc. (TSXV: JEV; OTC Pink: JROOF)

​JEV to separate Hydrogen Platform business into a separate publicly listed company (SpinCo), potentially via a spin-off. Anticipated to be value...

GSBR Research

JEV to separate Hydrogen Platform business into a separate publicly listed company (SpinCo), potentially via a spin-off. Anticipated to be value...