CVE:PSH

PetroShale - PSH Stock Forecast, Price & News

C$0.67

+0.01 (+1.52%)

(As of 05/25/2022)

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Today's Range: C$0.66
▼
C$0.68
50-Day Range: C$0.67
▼
C$0.67
52-Week Range: C$0.20
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C$0.94

Volume: 136,650 shs
Average Volume: 503,148 shs
Market Capitalization: C$441.96 million

P/E Ratio: 7.28
Dividend Yield: N/A
Price Target: C$1.12

About PetroShale (CVE:PSH) Stock

PetroShale Inc., an independent oil company, engages in the acquisition, development, and production of oil-weighted assets primarily in the Bakken and Three Forks formations in the Williston Basin area of North Dakota. It holds interests in the Middle Bakken and Three Forks Benches One, Two, Three, and Four formations, as well as Pronghorn/Sanish and Lodgepole areas. As of December 31, 2021, the company had approximately 72.0 million barrels of oil equivalent of total proved plus probable reserves. PetroShale Inc. was founded in 1994 and is based in Calgary, Canada.

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PSH Stock News Headlines

March 20, 2023 | investing.com

Nam Song Hau Trading Investing Petroleum JSC (PSH)

January 14, 2023 | reuters.com

Pruksa Holding PCL

March 21, 2023 | Upexi, Inc (Ad)

The Stock That Is Flying Under Wall St. Radar

With The Founder OF XPO Logistics Leading The Way This Nasdaq Company is Ready and GOING!

September 12, 2022 | finance.yahoo.com

Pershing Square Holdings, Ltd. (PSH.L)

May 24, 2022 | finance.yahoo.com

PETROSHALE COMPLETES NAME CHANGE TO LUCERO ENERGY CORP. AND ANNOUNCES UPDATE TO TRADING INFORMATION

May 18, 2022 | ca.finance.yahoo.com

PETROSHALE INC. ANNOUNCES FIRST QUARTER 2022 FINANCIAL & OPERATING RESULTS

April 13, 2022 | nz.finance.yahoo.com

Investors in PetroShale (CVE:PSH) have made a splendid return of 276% over the past year

March 29, 2022 | benzinga.com

RBC Capital Initiates Coverage On PetroShale with Sector Perform Rating, Announces Price Target of C$1

March 21, 2023 | Upexi, Inc (Ad)

The Stock That Is Flying Under Wall St. Radar

With The Founder OF XPO Logistics Leading The Way This Nasdaq Company is Ready and GOING!

March 25, 2022 | theglobeandmail.com

Why this money manager is buying tech stocks again

March 8, 2022 | benzinga.com

Raymond James Initiates Coverage On PetroShale with Outperform Rating, Announces Price Target of C$1.15

February 24, 2022 | baystreet.ca

Eco, Obsidian, Supremex at 52-Week Highs on News

February 17, 2022 | baystreet.ca

Athabasca, Arizona Silver, Cathedral at 52-Week Highs

February 2, 2022 | finance.yahoo.com

PetroShale Announces Closing of Upsized Equity Financing

January 13, 2022 | sg.finance.yahoo.com

IIROC Trading Halt - PSH

January 12, 2022 | ca.finance.yahoo.com

What Type Of Shareholders Own The Most Number of PetroShale Inc. (CVE:PSH) Shares?

November 22, 2021 | ca.finance.yahoo.com

PetroShale Announces Third Quarter 2021 Financial and Operating Results

November 13, 2021 | finance.yahoo.com

Bullish insiders bet CA$14m on PetroShale Inc. (CVE:PSH)

October 26, 2021 | finance.yahoo.com

PetroShale Provides Update on Operational Activities

September 10, 2021 | finance.yahoo.com

PetroShale (CVE:PSH) investors are sitting on a loss of 86% if they invested three years ago

August 20, 2021 | ca.finance.yahoo.com

PetroShale Announces Second Quarter 2021 Financial and Operating Results

August 19, 2021 | finance.yahoo.com

PetroShale Inc. (PSH.V)

July 30, 2021 | barrons.com

Petroshale Inc.

July 15, 2021 | ca.finance.yahoo.com

How Much Of PetroShale Inc. (CVE:PSH) Do Insiders Own?

May 20, 2021 | markets.businessinsider.com

PetroShale Announces First Quarter 2021 Financial and Operating Results

April 9, 2021 | finance.yahoo.com

PetroShale Announces Closing of Previously Announced Rights Offering, Private Placement and Recapitalization Transaction

April 7, 2021 | markets.businessinsider.com

IIROC Trading Halt - PSH.RT

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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Industry, Sector and Symbol

Stock Exchange: CVE
Industry: Oil & Gas E & P
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: CVE:PSH
CUSIP: N/A
CIK: N/A
Web: www.petroshaleinc.com
Phone: 403-266-1717
Fax: N/A
Employees: 15
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$1.12
High Stock Price Forecast: C$1.35
Low Stock Price Forecast: C$1.00
Forecasted Upside/Downside: +66.7%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 7.28
Forward P/E Ratio: 5.15
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 36.65
Current Ratio: 0.73
Quick Ratio: 0.72

Sales & Book Value

Annual Sales: C$203.20 million
Price / Sales: 2.18
Cash Flow: C$0.03 per share
Price / Cash Flow: 26.15
Book Value: C$0.53 per share
Price / Book: 1.25

Miscellaneous

Outstanding Shares: 659,638,000
Free Float: N/A
Market Cap: C$441.96 million
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. M. Bruce Chernoff P.Eng. (Age 56)
Exec. Chairman

Mr. Brett Herman CA (Age 54)
Pres, CEO & Director

Mr. Marvin Tang
VP of Fin. & CFO

Mr. Jason Edward Skehar (Age 49)
Chief Operating Officer

Mr. Stan Sprinkle
Chief Accounting Officer

Mr. Dominic Pallone
VP Land & Acquisitions

Mr. Shane Manchester P.Eng
VP of Operations

Key Competitors

View All Competitors

PSH Stock - Frequently Asked Questions

Should I buy or sell PetroShale stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PetroShale in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PSH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSH, but not buy additional shares or sell existing shares.
View PSH analyst ratings or view top-rated stocks.
What is PetroShale's stock price forecast for 2023?: 3 equities research analysts have issued twelve-month price targets for PetroShale's stock. Their PSH share price forecasts range from C$1.00 to C$1.35. On average, they anticipate the company's share price to reach C$1.12 in the next year. This suggests a possible upside of 66.7% from the stock's current price.
View analysts price targets for PSH or view top-rated stocks among Wall Street analysts.
How have PSH shares performed in 2023?: PetroShale's stock was trading at C$0.67 on January 1st, 2023. Since then, PSH stock has increased by 0.0% and is now trading at C$0.67.
View the best growth stocks for 2023 here.
What other stocks do shareholders of PetroShale own?: Based on aggregate information from My MarketBeat watchlists, some companies that other PetroShale investors own include Athabasca Oil (ATH), Baytex Energy (BTE), MEG Energy (MEG), NuVista Energy (NVA), Yangarra Resources (YGR), ARC Resources (ARX), Bombardier, Inc. Class B (BBD.B), Cardinal Energy (CJ), Crescent Point Energy (CPG) and Cenovus Energy (CVE).

What is PetroShale's stock symbol?: PetroShale trades on the Canadian Venture Exchange (CVE) under the ticker symbol "PSH."
How do I buy shares of PetroShale?: Shares of PSH 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 is PetroShale's stock price today?: One share of PSH stock can currently be purchased for approximately C$0.67.
How much money does PetroShale make?: PetroShale (CVE:PSH) has a market capitalization of C$441.96 million and generates C$203.20 million in revenue each year.
How can I contact PetroShale?: The official website for the company is www.petroshaleinc.com. The company can be reached via phone at 403-266-1717.

This page (CVE:PSH) was last updated on 3/21/2023 by MarketBeat.com Staff

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