Petrus Resources Dividends and Buybacks

Dividend criteria checks 3/6

Petrus Resources is a dividend paying company with a current yield of 8.76% that is well covered by earnings. Next payment date is on 30th December, 2024 with an ex-dividend date of 16th December, 2024.

Key information

8.8%

Dividend yield

0.1%

Buyback Yield

Total Shareholder Yield8.9%
Future Dividend Yield8.8%
Dividend Growth-7.3%
Next dividend pay date30 Dec 24
Ex dividend date16 Dec 24
Dividend per shareCA$0.120
Payout ratio26%

Recent dividend and buyback updates

Recent updates

We Think You Should Be Aware Of Some Concerning Factors In Petrus Resources' (TSE:PRQ) Earnings

Nov 13
We Think You Should Be Aware Of Some Concerning Factors In Petrus Resources' (TSE:PRQ) Earnings

We Think That There Are More Issues For Petrus Resources (TSE:PRQ) Than Just Sluggish Earnings

Apr 04
We Think That There Are More Issues For Petrus Resources (TSE:PRQ) Than Just Sluggish Earnings

Petrus Resources (TSE:PRQ) Takes On Some Risk With Its Use Of Debt

Dec 09
Petrus Resources (TSE:PRQ) Takes On Some Risk With Its Use Of Debt

Investors Don't See Light At End Of Petrus Resources Ltd.'s (TSE:PRQ) Tunnel

Jun 13
Investors Don't See Light At End Of Petrus Resources Ltd.'s (TSE:PRQ) Tunnel

Petrus Resources (TSE:PRQ) Has A Pretty Healthy Balance Sheet

Apr 27
Petrus Resources (TSE:PRQ) Has A Pretty Healthy Balance Sheet

We Believe Petrus Resources' (TSE:PRQ) Earnings Are A Poor Guide For Its Profitability

Mar 10
We Believe Petrus Resources' (TSE:PRQ) Earnings Are A Poor Guide For Its Profitability

Does Petrus Resources (TSE:PRQ) Have A Healthy Balance Sheet?

Feb 20
Does Petrus Resources (TSE:PRQ) Have A Healthy Balance Sheet?

Is Petrus Resources (TSE:PRQ) Using Debt In A Risky Way?

Jul 20
Is Petrus Resources (TSE:PRQ) Using Debt In A Risky Way?

Is Petrus Resources (TSE:PRQ) A Risky Investment?

Mar 09
Is Petrus Resources (TSE:PRQ) A Risky Investment?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether PRQ's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if PRQ's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

Petrus Resources Dividend Yield vs Market
How does PRQ dividend yield compare to the market?
SegmentDividend Yield
Company (PRQ)8.8%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.4%
Industry Average (Oil and Gas)4.8%
Analyst forecast (PRQ) (up to 3 years)8.8%

Notable Dividend: PRQ's dividend (8.76%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).

High Dividend: PRQ's dividend (8.76%) is in the top 25% of dividend payers in the Canadian market (6.45%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26.3%), PRQ's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (112.9%), PRQ's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 13:13
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Petrus Resources Ltd. is covered by 10 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David PopowichCIBC Capital Markets
Brent WatsonCormark Securities Inc.
Michael HearnFirstEnergy Capital Corp.