Petrus Resources Ltd. (TSE:PRQ) to Post FY2022 Earnings of $0.45 Per Share, Stifel Firstegy Forecasts

Petrus Resources Ltd. (TSE:PRQ – Get Rating) – Stifel Firstegy increased their FY2022 earnings per share estimates for Petrus Resources in a research report issued to clients and investors on Thursday, May 19th. Stifel Firstegy analyst C. Kwong now anticipates that the company will post earnings of $0.45 per share for the year, up from their previous estimate of $0.43.

Petrus Resources (TSE:PRQ – Get Rating) last posted its quarterly earnings data on Thursday, March 3rd. The company reported C$0.10 EPS for the quarter, beating analysts’ consensus estimates of C$0.02 by C$0.08. The business had revenue of C$25.07 million during the quarter.

Separately, Stifel Nicolaus lifted their target price on shares of Petrus Resources from C$2.80 to C$3.00 in a report on Thursday.

TSE PRQ opened at C$2.23 on Monday. The company has a debt-to-equity ratio of 34.79, a quick ratio of 0.20 and a current ratio of 0.20. The firm has a market cap of C$271.39 million and a PE ratio of 1.27. Petrus Resources has a one year low of C$0.41 and a one year high of C$2.72. The firm’s fifty day moving average is C$2.12 and its two-hundred day moving average is C$1.49.

Petrus Resources Company Profile (Get Rating)

Petrus Resources Ltd., an energy company, engages in the acquisition, exploration, development, and exploitation of oil and gas development assets in western Canada. The company focuses on risk-managed exploration. It primarily explores for natural gas, natural gas liquids, and crude oil and condensate.

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