- United Kingdom
- /
- Oil and Gas
- /
- AIM:PANR
Pantheon Resources Full Year 2024 Earnings: US$0.012 loss per share (vs US$0.002 loss in FY 2023)
Pantheon Resources (LON:PANR) Full Year 2024 Results
Key Financial Results
- Net loss: US$11.5m (loss widened by US$10.1m from FY 2023).
- US$0.012 loss per share (further deteriorated from US$0.002 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Pantheon Resources Earnings Insights
In the last 12 months, the only revenue segment was Production of and Exploration for Oil and Gas contributing US$13.4k. Notably, cost of sales worth US$7.2k amounted to 53% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$8.77m (76% of total expenses). Explore how PANR's revenue and expenses shape its earnings.
Looking ahead, revenue is expected to fall by 172% p.a. on average during the next 2 years compared to a 2.2% decline forecast for the Oil and Gas industry in the United Kingdom.
Performance of the British Oil and Gas industry.
The company's shares are up 11% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Pantheon Resources (3 can't be ignored) you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About AIM:PANR
Pantheon Resources
Through its subsidiaries, engages in the exploration and production of oil and gas in the United States.
Slight with mediocre balance sheet.
