Stock Analysis
- Canada
- /
- Oil and Gas
- /
- TSX:TAL
PetroTal First Quarter 2024 Earnings: EPS: US$0.052 (vs US$0.02 in 1Q 2023)
PetroTal (TSE:TAL) First Quarter 2024 Results
Key Financial Results
- Revenue: US$91.1m (up 46% from 1Q 2023).
- Net income: US$47.6m (up 181% from 1Q 2023).
- Profit margin: 52% (up from 27% in 1Q 2023). The increase in margin was primarily driven by higher revenue.
- EPS: US$0.052 (up from US$0.02 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
PetroTal Earnings Insights
Looking ahead, revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Oil and Gas industry in Canada.
Performance of the Canadian Oil and Gas industry.
The company's shares are down 1.3% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for PetroTal (of which 1 is significant!) you should know about.
Valuation is complex, but we're helping make it simple.
Find out whether PetroTal is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About TSX:TAL
PetroTal
Engages in the development and exploration of oil and natural gas in Peru, South America.
Flawless balance sheet, undervalued and pays a dividend.