Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

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
Linda L. Mckean
Vice President - Exploration and Development
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 fiscal year ended 31 December 2023, Perpetual Energy Inc. revenues decreased 13% to C$76.9M. Net income decreased 87% to C$5.6M. Revenues reflect Oil and natural gas decrease of 42% to C$63.2M. Net income also reflects Impairment reversal decrease from C$7.4M (income) to C$0K, Gain on dispositions increase from C$0K to C$3.3M (expense), General and administrative increase of 19% to C$11.8M (expense).
Employees: 41 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $55.08M as of Dec 31, 2023
Annual revenue (TTM): $76.83M as of Dec 31, 2023
EBITDA (TTM): $41.38M as of Dec 31, 2023
Net annual income (TTM): $5.62M as of Dec 31, 2023
Free cash flow (TTM): -$0.89M as of Dec 31, 2023
Net Debt Last Fiscal Year: $20.10M as of Dec 31, 2023
Shares outstanding: 68,585,584 as of Feb 1, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization