Petrus Resources Ltd. (T:PRQ)
Business Focus: Oil & Gas Exploration and Production (NEC)
| Sector: Energy | Industry: Oil & Gas Exploration and Production |
| Company Contact | |
| Address: | 2400, 240 4th Ave SW CALGARY AB T2P 4H4 |
| Tel: | 1-587-3495823 |
| Website: | www.petrusresources.com |
| IR: | See website |
| Key People | ||
| Donald T. Gray Chairman of the Board | Ken Gray President, Chief Executive Officer, Director | Mathew H. Wong Chief Financial Officer |
| Matt Skanderup Chief Operating Officer | Lindsay Hatcher Vice President, Commercial & Corporate Development | |
| Business Overview |
| Petrus Resources Ltd. is a Canadian energy company. The principal undertaking of the Company is the investment in energy business-related assets. The operations of the Company consist of the acquisition, development, exploration and exploitation of these assets. Its assets include Ferrier, North Ferrier, Thorsby and Foothills. Its core area, Ferrier, is a resource play. The Ferrier is a liquids rich Cardium gas play. North Ferrier is an extension of its core Ferrier area. Its Thorsby asset is located in the central part of the province. Its properties, located in the foothills of Alberta, are a more minor area for the Company. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Petrus Resources Ltd revenues decreased 15% to C$108.4M. Net income decreased 17% to C$50.7M. Revenues reflect Natural gas sales segment decrease of 30% to C$47M, Natural Gas - Production-Coalbed Methene decrease of 1% to 19.9M cubic feet. Net income also reflects Depletion and depreciation increase of 40% to C$46.6M (expense). |
| Employees: | 17 as of Dec 31, 2023 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $215.12M as of Dec 31, 2023 |
| Annual revenue (TTM): | $108.35M as of Dec 31, 2023 |
| EBITDA (TTM): | $66.70M as of Dec 31, 2023 |
| Net annual income (TTM): | $50.73M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$12.52M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $49.37M as of Dec 31, 2023 |
| Shares outstanding: | 124,270,972 as of Mar 19, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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