OB:PNOROil and Gas
PetroNor E&P (OB:PNOR) Q1 Loss And Margin Compression Challenge Bullish Narratives
PetroNor E&P (OB:PNOR) opened Q1 2026 with total revenue of US$11.5 million and a net loss of US$3.4 million, translating to an EPS loss of US$0.02, while the trailing twelve months still show positive EPS of US$0.02 and net income of US$3.3 million on US$80.7 million of revenue. Over recent quarters, reported revenue has moved from US$13.9 million in Q1 2025 to US$44.5 million in Q4 2025 and then to US$11.5 million in Q1 2026. Quarterly EPS has swung between a profit of US$0.04 in Q2 2025...