TSE:PRQ

Petrus Resources (PRQ) Stock Price, News & Analysis

C$1.32
-0.01 (-0.75%)
(As of 04/25/2024 ET)
Today's Range
C$1.32
C$1.35
50-Day Range
C$1.24
C$1.42
52-Week Range
C$1.11
C$1.81
Volume
13,152 shs
Average Volume
55,910 shs
Market Capitalization
C$163.51 million
P/E Ratio
4.89
Dividend Yield
9.09%
Price Target
C$1.50

Petrus Resources MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
13.6% Upside
C$1.50 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.62mentions of Petrus Resources in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
C$10,416 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.85 out of 5 stars

PRQ stock logo

About Petrus Resources Stock (TSE:PRQ)

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.

PRQ Stock Price History

PRQ Stock News Headlines

Petrus Resources (TSE:PRQ) Downgraded by Stifel Canada
Petrus Resources (TSE:PRQ) Lowered to "Hold" at Stifel Nicolaus
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Petrus Resources Announces 2024 Budget Guidance
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Closing Bell: Petrus Resources Ltd up on Wednesday (PRQ)
Closing Bell: Petrus Resources Ltd up on Thursday (PRQ)
Closing Bell: Petrus Resources Ltd down on Tuesday (PRQ)
Petrus Resources Named to 2023 OTCQX Best 50
See More Headlines
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Company Calendar

Ex-Dividend for 3/28 Dividend
3/14/2024
Last Earnings
3/26/2024
Dividend Payable
3/28/2024
Ex-Dividend for 4/30 Dividend
4/12/2024
Today
4/25/2024
Dividend Payable
4/30/2024
Next Earnings (Estimated)
5/09/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
N/A
CIK
N/A
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
+13.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
C$50.73 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$124.16 million
Cash Flow
C$0.05 per share
Book Value
C$2.55 per share

Miscellaneous

Free Float
N/A
Market Cap
C$163.51 million
Optionable
Not Optionable
Beta
3.21
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Key Executives

  • Mr. Ken Gray P.Eng. (Age 62)
    President, CEO & Director
    Comp: $410.21k
  • Mr. Mathew H. Wong C.F.A. (Age 49)
    CPA, CA, CFA, CPA, Chief Financial Officer
    Comp: $324.75k
  • Mr. Matt Skanderup
    Chief Operating Officer
  • Ms. Lindsay Erin Hatcher
    Vice President of Commercial & Corporate Development

PRQ Stock Analysis - Frequently Asked Questions

Should I buy or sell Petrus Resources stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Petrus Resources in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PRQ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PRQ, but not buy additional shares or sell existing shares.
View PRQ analyst ratings
or view top-rated stocks.

What is Petrus Resources' stock price target for 2024?

2 brokerages have issued twelve-month target prices for Petrus Resources' shares. Their PRQ share price targets range from C$1.50 to C$1.50. On average, they expect the company's share price to reach C$1.50 in the next year. This suggests a possible upside of 13.6% from the stock's current price.
View analysts price targets for PRQ
or view top-rated stocks among Wall Street analysts.

How have PRQ shares performed in 2024?

Petrus Resources' stock was trading at C$1.31 on January 1st, 2024. Since then, PRQ shares have increased by 0.8% and is now trading at C$1.32.
View the best growth stocks for 2024 here
.

When is Petrus Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our PRQ earnings forecast
.

How were Petrus Resources' earnings last quarter?

Petrus Resources Ltd. (TSE:PRQ) released its earnings results on Tuesday, March, 26th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.02 by $0.30. The firm earned $26.75 million during the quarter. Petrus Resources had a net margin of 40.86% and a trailing twelve-month return on equity of 17.44%.

How often does Petrus Resources pay dividends? What is the dividend yield for Petrus Resources?

Petrus Resources announced a monthly dividend on Friday, April 12th. Shareholders of record on Tuesday, April 30th will be given a dividend of 0.01 per share on Tuesday, April 30th. This represents a $0.12 annualized dividend and a dividend yield of 9.09%. The ex-dividend date of this dividend is Friday, April 12th.
Read our dividend analysis for PRQ
.

Is Petrus Resources a good dividend stock?

Petrus Resources (TSE:PRQ) pays an annual dividend of C$0.12 per share and currently has a dividend yield of 9.02%. PRQ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PRQ.

What other stocks do shareholders of Petrus Resources own?
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.

This page (TSE:PRQ) was last updated on 4/25/2024 by MarketBeat.com Staff

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