What is Petrus Resources' stock price target for 2024?

0 Wall Street research analysts have issued twelve-month price objectives for Petrus Resources' stock. Their PRQ share price targets range from C$2.00 to C$2.00. On average, they expect the company's share price to reach C$2.00 in the next twelve months. This suggests a possible upside of 55.0% from the stock's current price. View analysts price targets for PRQ or view top-rated stocks among Wall Street analysts .

How have PRQ shares performed in 2024?

Petrus Resources' stock was trading at C$1.31 at the beginning of the year. Since then, PRQ shares have decreased by 1.5% and is now trading at C$1.29. View the best growth stocks for 2024 here .

When is Petrus Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our PRQ earnings forecast .

How often does Petrus Resources pay dividends? What is the dividend yield for Petrus Resources?

Petrus Resources announced a monthly dividend on Friday, April 12th. Stockholders of record on Tuesday, April 30th will be given a dividend of 0.01 per share on Tuesday, April 30th. This represents a $0.12 annualized dividend and a yield of 9.30%. The ex-dividend date is Friday, April 12th. Read our dividend analysis for PRQ .

Is Petrus Resources a good dividend stock?

Petrus Resources (TSE:PRQ) pays an annual dividend of C$0.12 per share and currently has a dividend yield of 9.02%. PRQ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for PRQ .

What other stocks do shareholders of Petrus Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Petrus Resources investors own include Baytex Energy (BTE) , Hudbay Minerals (HBM) , Aurora Cannabis (ACB) , Bombardier, Inc. Class B (BBD.B) , CES Energy Solutions (CEU) , IAMGOLD (IMG) , Kirkland Lake Gold (KL) , Toronto-Dominion Bank (TD) , TORC Oil & Gas Ltd. (TOG.TO) (TOG) and Whitecap Resources (WCP) .

How do I buy shares of Petrus Resources?

Shares of PRQ stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:PRQ

Petrus Resources (PRQ) Stock Price, News & Analysis

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C$1.29

+0.01 (+0.78%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$1.27
▼
C$1.29
50-Day Range: C$1.24
▼
C$1.42
52-Week Range: C$1.11
▼
C$1.81

Volume: 29,431 shs
Average Volume: 52,330 shs
Market Capitalization: C$159.79 million

P/E Ratio: 4.78
Dividend Yield: 9.30%
Price Target: C$2.00

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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Petrus Resources MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 55.0% Upside
C$2.00 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
C$10,416 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.38 out of 5 stars

2.0

Analyst's Opinion

Amount of Analyst Coverage
Petrus Resources has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for PRQ.

2.5

Dividend Strength

Dividend Leadership
Petrus Resources is a leading dividend payer. It pays a dividend yield of 9.02%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Petrus Resources does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Petrus Resources is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PRQ.

2.6

News and Social Media Coverage

News Sentiment
Petrus Resources has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Petrus Resources this week, compared to 0 articles on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Petrus Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$10,416.00 in company stock.
Percentage Held by Insiders
75.18% of the stock of Petrus Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 0.29% of the stock of Petrus Resources is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Petrus Resources is 4.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of Petrus Resources is 4.78, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 97.21.
Price to Book Value per Share Ratio
Petrus Resources has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Petrus Resources Stock (TSE:PRQ)

Petrus Resources Ltd., together with its subsidiaries, engages in the acquisition, exploration, development, and exploitation of assets in Canada. The company primarily explores for crude oil and condensate, natural gas, and natural gas liquids. Its principal property is the Ferrier Area with approximately 94,614 acres of land located in the west Central Alberta near the town of Rocky Mountain House, Alberta. Petrus Resources Ltd. was incorporated in 2015 and is headquartered in Calgary, Canada.

PRQ Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PRQ Stock News Headlines

April 18, 2024 | americanbankingnews.com

Petrus Resources (TSE:PRQ) Share Price Crosses Below 50 Day Moving Average of $1.32

April 4, 2024 | finanznachrichten.de

Petrus Resources Ltd.: Petrus Resources Announces Year End 2023 Financial, Operating & Reserves Results

April 18, 2024 | DTI (Ad)

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February 23, 2024 | finanznachrichten.de

Petrus Resources Ltd.: Petrus Resources Announces 2024 Budget Guidance

February 21, 2024 | finance.yahoo.com

Petrus Resources Announces 2024 Budget Guidance

February 21, 2024 | finance.yahoo.com

Activists Load Up on Temenos, Grifols After Short Seller Reports

January 26, 2024 | msn.com

Petrus Resources says December estimated production averaged 9,190 boe/d

November 9, 2023 | finanznachrichten.de

Petrus Resources Ltd.: Petrus Resources Announces Third Quarter 2023 Financial & Operating Results, Declares First Regular Monthly Dividend

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

October 5, 2023 | theglobeandmail.com

CEO buys as Petrus Resources positions for returning capital to shareholders

August 25, 2023 | theglobeandmail.com

Closing Bell: Petrus Resources Ltd up on Wednesday (PRQ)

August 14, 2023 | finanznachrichten.de

Petrus Resources Ltd.: Petrus Resources Announces Second Quarter 2023 Financial & Operating Results, Revised 2023 Guidance

August 14, 2023 | finance.yahoo.com

Petrus Resources Announces Second Quarter 2023 Financial & Operating Results, Revised 2023 Guidance

June 21, 2023 | finance.yahoo.com

Petrus Resources Announces Credit Facility Increase and Approval For Normal Course Issuer Bid

June 1, 2023 | msn.com

Petrus Resources (TSE:PRQ) Price Target Decreased by 20.27% to 1.50

June 1, 2023 | finance.yahoo.com

Petrus Resources Ltd.'s (TSE:PRQ) Business And Shares Still Trailing The Market

April 28, 2023 | theglobeandmail.com

Closing Bell: Petrus Resources Ltd up on Thursday (PRQ)

April 19, 2023 | theglobeandmail.com

Closing Bell: Petrus Resources Ltd down on Tuesday (PRQ)

April 7, 2023 | theglobeandmail.com

Closing Bell: Petrus Resources Ltd down on Thursday (PRQ)

April 6, 2023 | theglobeandmail.com

Closing Bell: Petrus Resources Ltd down on Wednesday (PRQ)

March 18, 2023 | seekingalpha.com

Petrus Resources GAAP EPS of $0.17, revenue of $48.59M

March 16, 2023 | finanznachrichten.de

Petrus Resources Ltd.: Petrus Resources Announces Year End 2022 Financial, Operating & Reserves Results

January 18, 2023 | finance.yahoo.com

Petrus Resources Named to 2023 OTCQX Best 50

November 10, 2022 | finanznachrichten.de

Petrus Resources Ltd.: Petrus Resources Announces Third Quarter 2022 Results & Provides 2023 Budget Guidance

September 19, 2022 | finance.yahoo.com

Petrus Resources Announces Increased 2022 Budget Guidance and Operational Update

July 15, 2022 | theglobeandmail.com

Petrus Resources Ltd stock dipped on Friday.

July 7, 2022 | ca.finance.yahoo.com

Petrus Resources Ltd. (PRQ.TO)

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Company Calendar

Ex-Dividend for 3/28 Dividend: 3/14/2024
Dividend Payable: 3/28/2024
Ex-Dividend for 4/30 Dividend: 4/12/2024
Today: 4/18/2024
Dividend Payable: 4/30/2024
Next Earnings (Estimated): 5/09/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas E&P
Sub-Industry: N/A
Current Symbol: TSE:PRQ
CUSIP: N/A
CIK: N/A
Web: www.petrusresources.com
Phone: +1-403-9300891
Fax: N/A
Employees: 17
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$2.00
High Stock Price Target: C$2.00
Low Stock Price Target: C$2.00
Potential Upside/Downside: +55.0%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.27
Trailing P/E Ratio: 4.78
Forward P/E Ratio: 16.25
P/E Growth: N/A
Net Income: C$50.73 million
Net Margins: 40.86%
Pretax Margin: N/A
Return on Equity: 17.44%
Return on Assets: 5.67%

Debt

Debt-to-Equity Ratio: 15.78
Current Ratio: 0.50
Quick Ratio: 0.48

Sales & Book Value

Annual Sales: C$124.16 million
Price / Sales: 1.29
Cash Flow: C$0.04 per share
Price / Cash Flow: 29.08
Book Value: C$2.55 per share
Price / Book: 0.51

Miscellaneous

Outstanding Shares: 123,870,000
Free Float: N/A
Market Cap: C$159.79 million
Optionable: Not Optionable
Beta: 3.21

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Key Executives

Mr. Ken Gray P.Eng. (Age 62)
President, CEO & Director
Comp: $410.21k
Mr. Mathew H. Wong C.F.A. (Age 49)
CPA, CA, CFA, CPA, Chief Financial Officer
Comp: $324.75k
Mr. Matt Skanderup
Chief Operating Officer
Ms. Lindsay Erin Hatcher
Vice President of Commercial & Corporate Development

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

PRQ Stock Analysis - Frequently Asked Questions

What is Petrus Resources' stock price target for 2024?: 0 Wall Street research analysts have issued twelve-month price objectives for Petrus Resources' stock. Their PRQ share price targets range from C$2.00 to C$2.00. On average, they expect the company's share price to reach C$2.00 in the next twelve months. This suggests a possible upside of 55.0% from the stock's current price.
View analysts price targets for PRQ or view top-rated stocks among Wall Street analysts.
How have PRQ shares performed in 2024?: Petrus Resources' stock was trading at C$1.31 at the beginning of the year. Since then, PRQ shares have decreased by 1.5% and is now trading at C$1.29.
View the best growth stocks for 2024 here.
When is Petrus Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our PRQ earnings forecast.
How often does Petrus Resources pay dividends? What is the dividend yield for Petrus Resources?: Petrus Resources announced a monthly dividend on Friday, April 12th. Stockholders of record on Tuesday, April 30th will be given a dividend of 0.01 per share on Tuesday, April 30th. This represents a $0.12 annualized dividend and a yield of 9.30%. The ex-dividend date is Friday, April 12th.
Read our dividend analysis for PRQ.

Is Petrus Resources a good dividend stock?: Petrus Resources (TSE:PRQ) pays an annual dividend of C$0.12 per share and currently has a dividend yield of 9.02%. PRQ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PRQ.
What other stocks do shareholders of Petrus Resources own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Petrus Resources investors own include Baytex Energy (BTE), Hudbay Minerals (HBM), Aurora Cannabis (ACB), Bombardier, Inc. Class B (BBD.B), CES Energy Solutions (CEU), IAMGOLD (IMG), Kirkland Lake Gold (KL), Toronto-Dominion Bank (TD), TORC Oil & Gas Ltd. (TOG.TO) (TOG) and Whitecap Resources (WCP).
How do I buy shares of Petrus Resources?: Shares of PRQ stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:PRQ) was last updated on 4/18/2024 by MarketBeat.com Staff

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Petrus Resources (PRQ) Stock Price, News & Analysis

Petrus Resources MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Petrus Resources Stock (TSE:PRQ)

PRQ Stock Price History

PRQ Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

PRQ Stock Analysis - Frequently Asked Questions

Overall MarketRank^™