Equity Capital Markets and Advisory Business, Auctus Advisors

Auctus Advisors

Auctus Advisors is a specialist Equity Capital Markets and Advisory business with a focus in the Energy Sector.

The partners have complementary skill sets, with decades of experience across Equity Capital Markets, Investment Banking and the Energy industry. We have worked at Société Générale, Canaccord Capital, BMO Capital Markets and Schlumberger. Most recently we have worked together for many years at GMP FirstEnergy. 

Auctus has been set up at the beginning of a new decade in which we see significant opportunities in the Energy space.  Globally, demand for energy is at record levels and continues to grow. Conversely, investment in traditional energy sources has been severely constrained. We believe this imbalance creates opportunities for both companies and investors. 

Auctus provides Corporate Broking, Equity Research and Investment Banking services.

Equity Capital Markets and Advisory Business

Auctus Advisors is a specialist Equity Capital Markets and Advisory business with a focus in the Energy Sector. The partners have complementary skill sets, with decades of experience across Equity Capital Markets, Investment Banking and the Energy industry. We have worked at Société Générale, Canaccord Capital, BMO Capital Markets and Schlumberger. Most recently we have worked together for many years at GMP FirstEnergy. Auctus has been set up at the beginning of a new decade in which we see significant opportunities in the Energy space. Globally, demand for energy is at record levels and continues to grow. Conversely, investment in traditional energy sources has been severely constrained. We believe this imbalance creates opportunities for both companies and investors. Auctus provides Corporate Broking, Equity Research and Investment Banking services.

Equity Bottom-Up

<ul><li>At completion of the Mubadala Acquisition on 22 March, the acquired entity held cash and cash equivalent resources of ~US$243 mm.</li><li>After accounting for inventories, accounts payable, and tax payable in May, the increase in Valeura’s adjusted net working capital position is estimated at ~$105 mm.</li><li>Valeura has budgeted US$180-200 mm capex in 2023 including ~US$34 mm for 1Q23 activities and mostly occurring before the completion of the Mubadala Acquisition (and already netted off from the adjusted working capital).</li></ul>

At completion of the Mubadala Acquisition on 22 March, the acquired entity held cash and cash equivalent resources of ~US$243 mm.After accounting for inventories, accounts payable, and tax payable in May, the increase in Valeura’s adjusted net working capital position is estimated at ~$105 mm.Valeura has budgeted US$180-200 mm capex in 2023 including ~US$34 mm for 1Q23 activities and mostly occurring before the completion of the Mubadala Acquisition (and already netted off from the adjusted working capital).

Valeura Energy - Working Capital Well Ahead of Expectations.

Valeura Energy Inc

Valeura Energy - Working Capital Well Ahead of Expectations.