Petrus Resources (PRQ) Stock Price, News & Analysis

Company Overview

Petrus Resources Ltd., together with its subsidiaries, engages in the acquisition, exploration, development, and exploitation of assets in Canada. The company primarily explores for crude oil and condensate, natural gas, and natural gas liquids. Its principal property is the Ferrier Area with approximately 94,614 acres of land located in the west Central Alberta near the town of Rocky Mountain House, Alberta. Petrus Resources Ltd. was incorporated in 2015 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$1.41 to C$1.48
• 50-Day Range: C$1.29 to C$1.48
• 52-Week Range: C$1.11 to C$1.51
• Volume: 67,966 shs
• Average Volume: 51,815 shs
• Market Capitalization: C$180.34 million
• P/E Ratio: 7.25
• Dividend Yield: 8.28%
• Price Target: C$1.50
• Consensus Rating: Hold

Petrus Resources Stock Analysis - MarketRank™

Petrus Resources scored higher than 35% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Petrus Resources has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Petrus Resources has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Petrus Resources is 7.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.49.

Price to Earnings Ratio vs. Sector

The P/E ratio of Petrus Resources is 7.25, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 106.60.

Price to Book Value per Share Ratio

Petrus Resources has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PRQ.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Petrus Resources is a leading dividend payer. It pays a dividend yield of 8.39%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Petrus Resources does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Petrus Resources is 60.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for PRQ.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.89

News Sentiment

Petrus Resources has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Petrus Resources this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Petrus Resources insiders have not sold or bought any company stock.

Percentage Held by Insiders

75.21% of the stock of Petrus Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.10% of the stock of Petrus Resources is held by institutions.

PRQ Stock Analysis - Frequently Asked Questions

How have PRQ shares performed this year?

Petrus Resources' stock was trading at C$1.31 at the beginning of the year. Since then, PRQ shares have increased by 10.7% and is now trading at C$1.45.
View the best growth stocks for 2024 here.

How do I buy shares of Petrus Resources?

Shares of PRQ stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Petrus Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Petrus Resources investors own include Toronto-Dominion Bank (TD), Air Canada (AC), BlackBerry (BB), Birks Group (BGI), Baytex Energy (BTE), First Quantum Minerals (FM) and Great-West Lifeco (GWO).

Company Calendar

• Ex-Dividend for 10/31 Dividend: 10/15/2024
• Dividend Payable: 10/31/2024
• Today: 11/08/2024
• Ex-Dividend for 11/29 Dividend: 11/15/2024
• Dividend Payable: 11/29/2024
• Next Earnings (Estimated): 3/25/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: N/A
• Current Symbol: TSE:PRQ
• CUSIP: N/A
• CIK: N/A
• Web: www.petrusresources.com
• Phone: +1-403-9300891
• Fax: N/A
• Employees: 17
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$1.50
• High Stock Price Target: C$1.50
• Low Stock Price Target: C$1.50
• Potential Upside/Downside: +3.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.20
• Trailing P/E Ratio: 7.25
• Forward P/E Ratio: 6.80
• P/E Growth: N/A
• Net Income: C$25.87 million
• Net Margins: 28.06%
• Pretax Margin: N/A
• Return on Equity: 8.65%
• Return on Assets: 1.66%

Debt

• Debt-to-Equity Ratio: 19.56
• Current Ratio: 0.31
• Quick Ratio: 0.48

Sales & Book Value

• Annual Sales: C$92.21 million
• Price / Sales: 1.96
• Cash Flow: C$0.05 per share
• Price / Cash Flow: 29.08
• Book Value: C$2.47 per share
• Price / Book: 0.59

Miscellaneous

• Outstanding Shares: 124,370,000
• Free Float: N/A
• Market Cap: C$180.34 million
• Optionable: Not Optionable
• Beta: 3.02