Petrus Resources Ltd., an energy company, engages in the acquisition, exploration, development, and exploitation of oil and gas development assets in western Canada.
Fair value with imperfect balance sheet.
Share Price & News
How has Petrus Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6P4's share price has been volatile over the past 3 months.
7 Day Return
DE Oil and Gas
1 Year Return
DE Oil and Gas
Return vs Industry: 6P4 underperformed the German Oil and Gas industry which returned 62.3% over the past year.
Return vs Market: 6P4 underperformed the German Market which returned 8.3% over the past year.
Price Volatility Vs. Market
How volatile is Petrus Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Petrus Resources undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6P4 (€0.12) is trading below our estimate of fair value (€1.3)
Significantly Below Fair Value: 6P4 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6P4 is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: 6P4 is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6P4's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6P4 is good value based on its PB Ratio (0.1x) compared to the DE Oil and Gas industry average (1.3x).
How is Petrus Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if 6P4's forecast earnings growth is above the savings rate (-0.4%).
Earnings vs Market: Insufficient data to determine if 6P4's earnings are forecast to grow faster than the German market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 6P4's revenue is expected to decline over the next 3 years (-0.3% per year).
High Growth Revenue: 6P4's revenue is forecast to decline over the next 3 years (-0.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6P4 is forecast to be unprofitable in 3 years.
How has Petrus Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6P4 is currently unprofitable.
Growing Profit Margin: 6P4 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 6P4 is unprofitable, but has reduced losses over the past 5 years at a rate of 12.8% per year.
Accelerating Growth: Unable to compare 6P4's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 6P4 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-5.2%).
Return on Equity
High ROE: 6P4 has a negative Return on Equity (-39.53%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Petrus Resources's financial position?
Financial Position Analysis
Short Term Liabilities: 6P4's short term assets (CA$14.6M) do not cover its short term liabilities (CA$140.2M).
Long Term Liabilities: 6P4's short term assets (CA$14.6M) do not cover its long term liabilities (CA$42.3M).
Debt to Equity History and Analysis
Debt Level: 6P4's debt to equity ratio (119%) is considered high.
Reducing Debt: 6P4's debt to equity ratio has increased from 60.7% to 119% over the past 5 years.
Inventory Level: 6P4 has a high level of physical assets or inventory.
Debt Coverage by Assets: 6P4's debt is not covered by short term assets (assets are 0.1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 6P4 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6P4 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.1% per year.
What is Petrus Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 6P4's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 6P4's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 6P4's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 6P4's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 6P4's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Neil Korchinski (42yo)
Mr. Neil Korchinski, P. Eng., has been the Chief Executive Officer, President of Petrus Resources Ltd. since November 7, 2016. Mr. Korchinski served as the Chief Operating Officer and Vice President of Eng ...
CEO Compensation Analysis
Compensation vs Market: Neil's total compensation ($USD312.86K) is about average for companies of similar size in the German market ($USD414.81K).
Compensation vs Earnings: Neil's compensation has been consistent with company performance over the past year.
|CFO & VP of Finance||4.3yrs||CA$338.04k||0.37% CA$25.5k|
|Vice President of Engineering||3.1yrs||CA$280.59k||no data|
|Vice President of Land||3.1yrs||CA$259.20k||no data|
|Manager of Facilities and Pipelines||5.6yrs||CA$271.00k||no data|
|Field Production Foreman||0yrs||CA$162.20k||no data|
Experienced Management: 6P4's management team is considered experienced (3.3 years average tenure).
|Independent Director||4yrs||CA$68.49k||0.24% CA$16.6k|
|Independent Chairman of the Board||4.3yrs||CA$89.49k||14.79% CA$1.0m|
|Independent Director||4.3yrs||CA$74.49k||0.40% CA$27.6k|
|Independent Director||4.3yrs||CA$78.49k||0.044% CA$3.0k|
Experienced Board: 6P4's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Petrus Resources Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Petrus Resources Ltd.
- Ticker: 6P4
- Exchange: DB
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$9.894m
- Listing Market Cap: CA$6.868m
- Shares outstanding: 49.47m
- Website: https://www.petrusresources.com
Number of Employees
- Petrus Resources Ltd.
- 240 – 4th Avenue SW
- Suite 2400
- T2P 5H4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PRQ||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Feb 2016|
|PTRU.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Feb 2016|
|6P4||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Feb 2016|
Petrus Resources Ltd., an energy company, engages in the acquisition, exploration, development, and exploitation of oil and gas development assets in western Canada. It primarily explores for natural gas, natural gas liquids, and crude oil. The company holds 55% working interest in Ferrier/Strachan Area, which include 31,767 net acres of undeveloped land and 13,216 net acres of developed land located in west central Alberta near the town of Rocky Mountain House, Alberta. It also has an average of 61% working interest in the Thorsby/Pembina area covering 24,929 net acres of undeveloped land and 47,862 net acres of developed land located in southwest of Edmonton, Alberta; and an average of 52% working interest in the Foothills area that consists of 35,448 net acres of undeveloped land and 7,647 net acres of developed land located northwest of Rocky Mountain House, Alberta. The company is headquartered in Calgary, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 22:55|
|End of Day Share Price||2020/02/24 00:00|
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.