reports
- Ben Pirie
- Nicholas Cortellucci
- CFA
Q3/24 Recap: All Our Research in One Place!
Quarterly Coverage Update As we enter the final quarter of the year, we are excited to release our quarterly recap report to update our readers on all the research content we have published in the last three months. This quarter included substantial momentum across several sectors, with strong performance from the companies we cover. Omai Gold Mines (+55%) led the way, followed by Allegiant Gold (+27%), Moon River Moly (+11%), and BQE Water (+10%). This quarter has been our most active yet, ma...
- Ben Pirie
- Nicholas Cortellucci
- CFA
Q2/24 Recap: All Our Research in One Place!
As we conclude Q2/24, we are excited to release our inaugural quarterly recap report to update our readers on all the research content we have published in the last three months. This period has been marked by dynamic performance across various sectors, with notable highlights in the companies we cover. The best performers from our coverage universe include, ADF Group (+74%), Trigon Metals (+39%), BQE Water (+29%), and Dynacor Group (+12%). The overall coverage demonstrated significant resilie...
- Ben Pirie
- Nicholas Cortellucci
- CFA
JEV: Exploring Spin-off for Hydrogen Assets
What you need to know: • JEV announced that it has commenced a strategic process to explore the spin-off of its hydrogen portfolio. We view this as a strong positive for shareholders. • Over the past month, JEV also closed a $2.2M private placement and amended the terms on its debentures, setting up the Company for this transaction. Yesterday after market close, Jericho Energy Ventures Inc. (JEV:TSXV, JROOF:OTC) announced that it has commenced a strategic process to explore the spin-off and s...
- Ben Pirie
- Nicholas Cortellucci
- CFA
JEV: Q3 Financials in Line with Expectations
What you need to know: • JEV reported Q3 financial results that were in line with our expectations. Its O&G JV was EBITDA positive again this quarter, reminding us that JEV can effectively redeploy cashflow from the low multiple O&G business to the high multiple hydrogen business. • Find our recently published management interview here. Yesterday, Jericho Energy Ventures Inc. (JEV:TSXV, OTC:JROOF) reported Q3 financial results that were in line with our expectations. Production from its O&G JV...
- Ben Pirie
- Nicholas Cortellucci
- CFA
JEV: DOE Funding & Manufacturing Agreement
What you need to know: • Jericho announced that two of its associated Hydrogen Hubs were selected to receive up to $1B each in funding from the U.S. DOE’s H2Hubs program. We expect this announcement to translate into sales orders for the DCC boiler over the coming quarters. • JEV also announced that it has signed a manufacturing MOU with leading firm, Superior Boiler for the manufacturing of the DCC boiler. Jericho Energy Ventures Inc. (JEV:TSXV, OTC:JROOF) announced two solid updates over th...
- Ben Pirie
- Nicholas Cortellucci
- CFA
JEV: Reiterating Target Price on Recent Developments
What you need to know: • Portfolio company, H2U announced strong results from durability tests on a new iridium-free catalyst which demonstrated a lifetime of over 25,000 hours (vs. 1,000-1,500 for current iridium-free catalysts). • JEV’s EU partner, Exogen signed an MOU with leading green hydrogen supplier, Lhyfe SA which will supply hydrogen to Exogen’s hydrogen steam plant (which includes the DCC boiler). • HT obtained a new patent for the DCC boiler in the U.S. Over the past month, Jericho ...
- Ben Pirie
- Nicholas Cortellucci
- CFA
JEV: Soft Joint Venture Financials but Hydrogen Portfolio Shines
Friday after market close, Jericho Energy Ventures Inc. (JEV:TSXV, OTC:JROOF) reported Q2 financial results that were softer than our expectations for its Oklahoma O&G joint venture. The JV reported revenue of $2.0M and adjusted EBITDA of $0.2M, declining YoY due to lower commodity prices. We remind readers that while Jericho’s Oklahoma assets form ~40% of our valuation, most of the upside and stock movement is coming from its hydrogen investments which have been performing exceptionally well (s...
- Ben Pirie
- Nicholas Cortellucci
- CFA
JEV: First Boiler Order; Increasing Target Price
What you need to know: • JEV announced its first boiler sales order which will support a district heating system of a prominent university. • Jericho announced last week that it is conducting a DCC boiler decarbonization study with a leading global alcoholic beverage company. • We are increasing our target price based on strong execution on the Hydrogen Technologies side as well as increasing oil prices. This morning, Jericho Energy Ventures Inc. (JEV:TSXV, OTC:JROOF) announced that it has sig...
- Ben Pirie
- Nicholas Cortellucci
- CFA
JEV: Strategic Partnership to Accelerate Boiler Sales
What you need to know: • Jericho announced a strategic industrial partnership with Sofinter Group and EXOGEN Hydrogen to manufacture, implement, and service a new hydrogen steam plant (the HSP3000). • The HSP3000 will be a scalable and modular solution featuring HT’s DCC boiler technology which will be produced by Sofinter and marketed by Exogen. We expect this to accelerate sales commitments through H2/23. This morning, Jericho Energy Ventures Inc. (JEV:TSXV, OTC:JROOF) announced a strategic i...
- Ben Pirie
- Nicholas Cortellucci
- CFA
JEV: H2U Announces Successful Demonstration
What you need to know: • Jericho’s portfolio company, H2U announced a successful demonstration of its non-iridium PEM electrolyzer for commercial hydrogen production. • PEM electrolyzers currently rely on iridium catalysts, which poses scarcity and supply-chain threats to the green hydrogen industry. • H2U will develop and construct its first external proof-of-concept units which will be shipped by year-end. Jericho Energy Ventures Inc. (JEV:TSXV, OTC:JROOF) announced that its portfolio company...
- Ben Pirie
- Nicholas Cortellucci
- CFA
JEV: The Best of Both Worlds: O&G and Hydrogen
What you need to know: • Jericho’s O&G JV assets are harvesting record cash flow and growing production steadily. The assets have a PV-10 of $43.7M. • JEV’s wholly owned Hydrogen Technologies has an innovative solution for clean hydrogen boilers. JEV also has two minority investments in disruptive hydrogen solutions. • JEV’s management team is made up of seasoned energy professionals and its cap table contains various strategic shareholders. Jericho Energy Ventures Inc. (JEV:TSXV, OTC:JROOF) i...
- Nicholas Cortellucci
- CFA
Energy Storage: The Missing Piece for the Energy Transition
What you need to know: • Due to the fluctuating levels of energy produced on an hourly basis by renewable energy sources, energy storage is required to smooth out supply and demand • The grid is becoming increasingly unstable due to its old age and extreme weather conditions, and is not set up to accommodate a net-zero system • Small and mid-cap players in the space are down over 60% since 2021, making today’s valuations a great entry point Why Do We Need Energy Storage? Intermittent Supply fro...
Jericho Energy Ventures: Hydrogen Technologies Introduces the New Gene...
Jericho Energy Ventures: Hydrogen Technologies Introduces the New Generation 2.0 cleanH2steam DCC™ Boiler NEWTOWN, Pa. and VANCOUVER, British Columbia, May 26, 2021 (GLOBE NEWSWIRE) -- Jericho Energy Ventures (TSXV: JEV; Frankfurt: JLM0; OTC: JROOF) (“Jericho” or “JEV” or the “Company”) is pleased to announce its wholly owned subsidiary, (HTI), has introduced its newest Generation 2.0 cleanH2steam DCC™ Boiler 3000 Series design. Since Jericho’s acquisition of HTI in February 2021, HTI’s engineering team along with their UK manufacturing partner, UnitBirwelco, has been refining and impro...
Jericho Energy Ventures Announces Early Exercise of Warrants for Proce...
Jericho Energy Ventures Announces Early Exercise of Warrants for Proceeds of $4.41 Million Company Well Positioned to Facilitate Hydrogen Growth Strategy NEWTOWN, Pa. and VANCOUVER, British Columbia, May 03, 2021 (GLOBE NEWSWIRE) -- Jericho Energy Ventures (TSXV: JEV; Frankfurt: JLM0; OTC: JROOF) (“Jericho” or “JEV” or the “Company”) is pleased to announce that existing shareholders, including insiders, have early exercised 33,990,303 share purchase warrants, providing the Company with gross proceeds of CAD$4,414,739. The three-year share purchase warrants were granted in June 2020. Bri...
Jericho Energy Ventures: HTI’s Patented DCC™ Hydrogen Boiler Technolog...
Jericho Energy Ventures: HTI’s Patented DCC™ Hydrogen Boiler Technology Included in Government Funded Program to Decarbonize UK Distilling Industry NEWTOWN, Pa. and VANCOUVER, British Columbia, April 14, 2021 (GLOBE NEWSWIRE) -- Further to its dated March 11, 2021, Jericho Energy Ventures (TSXV: JEV; Frankfurt: JLM0; OTC: JROOF) (“Jericho” or “JEV” or the “Company”) is pleased to report that (“HTI”) patented, zero-emissions, hydrogen-based, cleanH2steam Dynamic Combustion Chamber™ (DCC™) boiler solution – through its exclusive UK licensing partners, Protium Green Solutions and sister co...
Jericho Energy Ventures Reports Q1-2021 Business Update: Growing Deman...
Jericho Energy Ventures Reports Q1-2021 Business Update: Growing Demand for its DCC™ Hydrogen Boiler Across Multiple Industries NEWTOWN, Pa. and VANCOUVER, British Columbia, April 07, 2021 (GLOBE NEWSWIRE) -- Approximately six weeks following its acquisition of (“HTI”), Jericho Energy Ventures (TSXV: JEV; Frankfurt: JLM0; OTC: JROOF) (“Jericho” or “JEV” or the “Company”) is pleased to provide shareholders with an update about the substantial progress and increasing demand for HTI’s patented zero-emissions, hydrogen-based, cleanH2steam Dynamic Combustion Chamber™ (DCC™) boiler. The Co...
The Plumber & Steamfitters Local 442 Union Supports Jericho Energy Ven...
The Plumber & Steamfitters Local 442 Union Supports Jericho Energy Ventures cleanH2steam DCC™ Boiler Local California Union Supports Zero Emissions Hydrogen BoilerPresident sees hundreds and thousands of clean energy jobs for its membership TULSA, Okla. and VANCOUVER, British Columbia, March 25, 2021 (GLOBE NEWSWIRE) -- Jericho Energy Ventures (TSXV: JEV; Frankfurt: JLM0; OTC: JROOF) (“Jericho” or “JEV” or the “Company”) is pleased to announce the Plumbers & Steamfitters Local 442, based out of Modesto, California, are excited to see their collaboration with JEV’s wholly owned subsidiary...
Jericho Energy Ventures Announces UnitBirwelco as Manufacturing Partne...
Jericho Energy Ventures Announces UnitBirwelco as Manufacturing Partner for Hydrogen Boiler - JEV partners with specialty manufacturer to scale initial production - Partnership aims to facilitate company growth to fill demand for patented hydrogen boiler TULSA, Okla. and VANCOUVER, British Columbia, March 23, 2021 (GLOBE NEWSWIRE) -- Jericho Energy Ventures (TSXV: JEV; Frankfurt: JLM0; OTC: JROOF) (“Jericho” or “JEV” or the “Company”) is pleased to announce its wholly owned subsidiary, (“HTI”), has an agreement in principle with Wales, UK-based to provide engineering support, procureme...
Jericho Energy Ventures Subsidiary Hydrogen Technologies Announces Exc...
Jericho Energy Ventures Subsidiary Hydrogen Technologies Announces Exclusive Licensing Agreement for the UK and Ireland – HTI Expands its market presence in high growth geographies – Go-to-market strategy aimed at decarbonizing Industrial users of heat and steam TULSA, Okla. and VANCOUVER, British Columbia, March 11, 2021 (GLOBE NEWSWIRE) -- Jericho Energy Ventures (TSXV: JEV; Frankfurt: JLM0; OTC: JROOF) (“Jericho” or “JEV” or the “Company”) is pleased to announce its wholly owned subsidiary, (“HTI”), has signed an exclusive IP licensing agreement with UK-based Deuterium Heating Ltd (“...
Jericho Energy Ventures Announces Capella Partners as Company’s Senior...
Jericho Energy Ventures Announces Capella Partners as Company’s Senior Technical Advisor TULSA, Okla. and VANCOUVER, British Columbia, March 09, 2021 (GLOBE NEWSWIRE) -- Jericho Energy Ventures (TSXV: JEV; Frankfurt: JLM0; OTC: JROOF) (“Jericho” or “JEV” or the “Company”) is pleased to announce it has signed an agreement with Santa Barbara, CA-based to serve as its Senior Technical Advisor. The relationship, headed up by Jourdan Urbach and Romi Kadri, will leverage Capella’s collective skills and expertise in providing deep technical due diligence, IP development, industrialization, and...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.