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Perpetual Energy Inc. (T:PMT)

Business Focus: Oil & Gas Exploration and Production (NEC)

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
Company Contact
Address: 605 5 Ave SW Suite 3200
CALGARY AB T2P 3H5
Tel: N/A
Website: https://perpetualenergyinc.com
IR: See website
Key People
Susan L. Riddell Rose
Chairman of the Board, President, Chief Executive Officer
Ryan A. Shay
Chief Financial Officer, Vice President - Finance, Director
Marcello M. Rapini
Vice President - Marketing
Jeffrey R. Green
Vice President - Corporate and Engineering Services
Karl H. Rumpf
Vice President, Exploration and New Ventures
Ryan M. Goosen
Vice President - Business Development and Land
Business Overview
Perpetual Energy Inc. is a Canada-based oil and natural gas exploration, production and marketing company. The Company owns a diversified asset portfolio, including liquids-rich conventional natural gas assets in the deep basin of West Central Alberta, and undeveloped bitumen leases in Northern Alberta. The Company also has a portfolio of oil sands leases which have bitumen resource potential.
Financial Overview
For the three months ended 31 March 2024, Perpetual Energy Inc. revenues decreased 61% to C$6.1M. Net loss increased from C$235K to C$24.6M. Revenues reflect Oil and natural gas decrease of 50% to C$8.9M, Realized gain on risk management decrease of 74% to C$1.2M. Higher net loss reflects Interest on lease liabilities increase from C$23K to C$69K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -C$0.36.
Employees: 41 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $55.65M as of Mar 31, 2024
Annual revenue (TTM): $67.41M as of Mar 31, 2024
EBITDA (TTM): $35.26M as of Mar 31, 2024
Net annual income (TTM): -$18.71M as of Mar 31, 2024
Free cash flow (TTM): -$4.92M as of Mar 31, 2024
Net Debt Last Fiscal Year: $32.45M as of Mar 31, 2024
Shares outstanding: 67,457,000 as of Mar 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization