Should I buy or sell Perpetual Energy stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Perpetual Energy in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" PMT shares. View PMT analyst ratings or view top-rated stocks .

What is Perpetual Energy's stock price target for 2024?

1 Wall Street analysts have issued 12 month target prices for Perpetual Energy's stock. Their PMT share price targets range from C$0.55 to C$0.55. On average, they expect the company's share price to reach C$0.55 in the next year. This suggests a possible upside of 1.9% from the stock's current price. View analysts price targets for PMT or view top-rated stocks among Wall Street analysts .

How have PMT shares performed in 2024?

Perpetual Energy's stock was trading at C$0.43 at the beginning of the year. Since then, PMT stock has increased by 25.6% and is now trading at C$0.54. View the best growth stocks for 2024 here .

When is Perpetual Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our PMT earnings forecast .

How were Perpetual Energy's earnings last quarter?

Perpetual Energy Inc. (TSE:PMT) posted its quarterly earnings data on Monday, March, 25th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.11. The firm had revenue of $12.77 million for the quarter. Perpetual Energy had a trailing twelve-month return on equity of 4.75% and a net margin of 10.53%.

What other stocks do shareholders of Perpetual Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Perpetual Energy investors own include Navios Maritime Partners (NMM) , Sherritt International (S) , BlackPearl Resources (PXX) , Bombardier, Inc. Class B (BBD.B) , AGNC Investment (AGNC) , Big Banc Split (BNK) , Alcoa (AA) , Caterpillar (CAT) , Ecobalt Solutions (ECS) and Helmerich & Payne (HP) .

How do I buy shares of Perpetual Energy?

Shares of PMT 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:PMT

Perpetual Energy (PMT) Stock Price, News & Analysis

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Free PMT Stock Alerts

C$0.54

0.00 (0.00%)

(As of 04/19/2024 ET)

Compare

Today's Range: C$0.54
▼
C$0.56
50-Day Range: C$0.37
▼
C$0.56
52-Week Range: C$0.35
▼
C$0.69

Volume: 4,500 shs
Average Volume: 23,696 shs
Market Capitalization: C$36.23 million

P/E Ratio: 1.74
Dividend Yield: 14.63%
Price Target: C$0.55

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

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Perpetual Energy MarketRank™ Stock Analysis

Analyst Rating: Sell
1.00 Rating Score
Upside/Downside: 1.9% Upside
C$0.55 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
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.

0.41 out of 5 stars

0.5

Analyst's Opinion

Consensus Rating
Perpetual Energy has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Perpetual Energy has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

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

1.7

Dividend Strength

Dividend Leadership
Perpetual Energy is a leading dividend payer. It pays a dividend yield of 14.63%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Perpetual Energy does not have a long track record of dividend growth.

N/A

Sustainability and ESG

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

1.8

News and Social Media Coverage

News Sentiment
Perpetual Energy has a news sentiment score of 0.31. 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 lower news sentiment than the 0.48 average news sentiment score of Energy companies.
Search Interest
23 people have searched for PMT on MarketBeat in the last 30 days. This is an increase of 188% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Perpetual Energy insiders have not sold or bought any company stock.
Percentage Held by Insiders
39.78% of the stock of Perpetual Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Perpetual Energy is 1.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.47.
Price to Earnings Ratio vs. Sector
The P/E ratio of Perpetual Energy is 1.74, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 94.08.
Price to Book Value per Share Ratio
Perpetual Energy has a P/B Ratio of 0.30. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Perpetual Energy Stock (TSE:PMT)

Perpetual Energy Inc. engages in the exploration, production, and marketing of oil and natural gas in Canada. The company's portfolio of assets includes liquids-rich natural gas assets located in deep basin of west central Alberta; heavy crude oil and shallow conventional natural gas assets in Eastern Alberta; and undeveloped bitumen leases located in Northern Alberta. Perpetual Energy Inc. is headquartered in Calgary, Canada.

PMT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PMT Stock News Headlines

April 12, 2024 | americanbankingnews.com

Perpetual Energy (TSE:PMT) Stock Passes Above 200-Day Moving Average of $0.47

April 8, 2024 | finance.yahoo.com

TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares

April 19, 2024 | Banyan Hill Publishing (Ad)

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March 31, 2024 | finance.yahoo.com

Perpetual Energy Full Year 2023 Earnings: EPS: CA$0.084 (vs CA$0.69 in FY 2022)

March 22, 2024 | finance.yahoo.com

PERPETUAL ENERGY INC. ANNOUNCES RESOLUTION OF THE SEQUOIA LITIGATION, REPAYMENT OF ITS SECOND LIEN TERM LOAN AND EARLY REDEMPTION OF ITS SENIOR SECURED NOTES

March 19, 2024 | investing.com

Perpetual Energy (PMT) Earnings Dates & Reports

March 14, 2024 | forbes.com

Energy Update: Ofgem Price Cap Tumbles By Over 12% To £1,690 From April

March 13, 2024 | msn.com

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April 19, 2024 | Banyan Hill Publishing (Ad)

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March 6, 2024 | msn.com

Lawmakers pass legislative package of pipeline bills, easing Summit Carbon's CO2 project into SD

February 10, 2024 | uk.finance.yahoo.com

Tsakos Energy Navigation Ltd (TK41.BE)

January 31, 2024 | finance.yahoo.com

Global Helium Corp. Announces Operational Update and Shares Independent Resource Estimate From First Manyberries Well

January 18, 2024 | thetimes.co.uk

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January 5, 2024 | morningstar.com

Perpetual Energy Inc PMT

December 24, 2023 | msn.com

Lauren Jauregui Drops New Song in Support of Palestinian Kids: ‘Never Stop Dreaming of Freedom’

December 22, 2023 | theglobeandmail.com

Closing Bell: Perpetual Energy Inc down on Thursday (PMT)

December 17, 2023 | seekingalpha.com

I'm Buying Preferred Stocks Hand Over Fist

December 9, 2023 | yahoo.com

38 Unexpected Gifts for Her That Will Truly Surprise

November 2, 2023 | finance.yahoo.com

PERPETUAL ENERGY INC. REPORTS THIRD QUARTER 2023 FINANCIAL AND OPERATING RESULTS

November 1, 2023 | msn.com

Fuelcell Energy Inc - 5% PRF PERPETUAL USD 1000 - Ser B (FCELB) Price Target Increased by 11.76% to 788.10

October 24, 2023 | finance.yahoo.com

Pickering Energy Partners Advises ProFrac’s Audit Committee on Terms of Preferred Equity Investment into the Company

October 20, 2023 | finance.yahoo.com

Crestwood Announces Extension of its Previously Announced Consent Solicitation

October 18, 2023 | msn.com

Perpetual Energy divests some Mannville assets for $35.8M

October 17, 2023 | finance.yahoo.com

/C O R R E C T I O N from Source -- Perpetual Energy Inc./

September 12, 2023 | afr.com

Origin takeover price needs boost towards $10 per share: Macquarie

August 19, 2023 | theglobeandmail.com

Closing Bell: Perpetual Energy Inc flat on Friday (PMT)

August 15, 2023 | theglobeandmail.com

Closing Bell: Perpetual Energy Inc down on Monday (PMT)

See More Headlines

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Company Calendar

Last Earnings: 3/25/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/02/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas E&P
Sub-Industry: N/A
Current Symbol: TSE:PMT
Previous Symbol: TSE:PMT.UN
CUSIP: N/A
CIK: N/A
Web: www.perpetualenergyinc.com
Phone: +1-403-2694400
Fax: N/A
Employees: 53
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$0.55
High Stock Price Target: C$0.55
Low Stock Price Target: C$0.55
Potential Upside/Downside: +1.9%
Consensus Rating: Sell
Rating Score (0-4): 1.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.31
Trailing P/E Ratio: 1.74
Forward P/E Ratio: 26.54
P/E Growth: N/A
Net Income: C$5.62 million
Net Margins: 10.53%
Pretax Margin: N/A
Return on Equity: 4.75%
Return on Assets: 4.93%

Debt

Debt-to-Equity Ratio: 33.00
Current Ratio: 1.57
Quick Ratio: 0.40

Sales & Book Value

Annual Sales: C$53.31 million
Price / Sales: 0.68
Cash Flow: C$0.03 per share
Price / Cash Flow: 17.62
Book Value: C$1.80 per share
Price / Book: 0.30

Miscellaneous

Outstanding Shares: 67,100,000
Free Float: N/A
Market Cap: C$36.23 million
Optionable: Not Optionable
Beta: 3.22

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Key Executives

Ms. Susan L. Riddell Rose B.Sc. (Age 59)
President, CEO & Executive Chairman
Comp: $525.41k
Mr. Ryan Shay CFA
VP of Finance, CFO & Director
Mr. Marcello M. Rapini
Vice President of Marketing
Mr. J. Christopher Strong
Corporate Counsel and Corporate Secretary
Mr. Karl H. Rumpf
Vice President of Exploration & New Ventures

Key Competitors

View All Competitors

PMT Stock Analysis - Frequently Asked Questions

Should I buy or sell Perpetual Energy stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Perpetual Energy in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" PMT shares.
View PMT analyst ratings or view top-rated stocks.
What is Perpetual Energy's stock price target for 2024?: 1 Wall Street analysts have issued 12 month target prices for Perpetual Energy's stock. Their PMT share price targets range from C$0.55 to C$0.55. On average, they expect the company's share price to reach C$0.55 in the next year. This suggests a possible upside of 1.9% from the stock's current price.
View analysts price targets for PMT or view top-rated stocks among Wall Street analysts.
How have PMT shares performed in 2024?: Perpetual Energy's stock was trading at C$0.43 at the beginning of the year. Since then, PMT stock has increased by 25.6% and is now trading at C$0.54.
View the best growth stocks for 2024 here.
When is Perpetual Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our PMT earnings forecast.

How were Perpetual Energy's earnings last quarter?: Perpetual Energy Inc. (TSE:PMT) posted its quarterly earnings data on Monday, March, 25th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.11. The firm had revenue of $12.77 million for the quarter. Perpetual Energy had a trailing twelve-month return on equity of 4.75% and a net margin of 10.53%.
What other stocks do shareholders of Perpetual Energy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Perpetual Energy investors own include Navios Maritime Partners (NMM), Sherritt International (S), BlackPearl Resources (PXX), Bombardier, Inc. Class B (BBD.B), AGNC Investment (AGNC), Big Banc Split (BNK), Alcoa (AA), Caterpillar (CAT), Ecobalt Solutions (ECS) and Helmerich & Payne (HP).
How do I buy shares of Perpetual Energy?: Shares of PMT 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:PMT) was last updated on 4/19/2024 by MarketBeat.com Staff

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Perpetual Energy (PMT) Stock Price, News & Analysis

Perpetual Energy 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

Search Interest

Company Ownership

Earnings and Valuation

About Perpetual Energy Stock (TSE:PMT)

PMT Stock Price History

PMT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

PMT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™