OB:PLSVEnergy Services
Paratus Energy Services (OB:PLSV) Stock Hinges On Debt Reset And Dividend Risk
Paratus Energy Services stock closed at NOK49.30 on Friday after a weak week and a solid month, which suggests traders are still undecided on the story. The headline today is not the share price. It is that Paratus has turned its balance sheet from a stress point into the main plot, with net debt roughly cut to about US$250m after asset sales and refinancing.
For short term traders, that shift can feel slow burning. For long term holders, lower leverage, a trailing P/E around 7.8x and a very...