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PetroTal Corp. (T:TAL)

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

Sector:  Energy Industry:  Oil & Gas Exploration and Production
Company Contact
Address: 16200 Park Row, Suite 310
Tel: N/A
IR: See website
Key People
Manuel Pablo Zuniga-Pflucker
President, Chief Executive Officer, Corporate Secretary, Director
Douglas C. Urch
Chief Financial Officer, Executive Vice President
Jose L. Contreras
Senior Vice President - Operations
Business Overview
PetroTal Corp. is an oil and gas development and production company focused on the development of oil assets in Peru. The Company is engaged in the exploration, appraisal and development of oil and natural gas in Peru, South America. Its flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95. Through its two subsidiaries, the Company is engaged in the ongoing development of hydrocarbons in Block 95 with a focus on the development and production from the Bretana oil field. In addition to further leads in Block 95, the Company has significant exploration prospects and leads in Block 107. The Bretana oil field is located in the Maranon Basin of northern Peru. The Company has a 100% working interest in the Bretana oil field. Block 107 has three additional leads, inclusive of the Osheki-Kametza prospect.
Financial Overview
For the nine months ended 30 September 2023, Petrotal Corp revenues decreased 21% to $211.9M. Net income decreased 41% to $89M. Revenues reflect Crude oil revenue segment decrease of 21% to $232.9M. Net income also reflects Depreciation depletion and amortization increase of 7% to $28.3M (expense). Dividend per share totaled to $0.03. Basic Earnings per Share excluding Extraordinary Items decreased from $0.18 to $0.10.
Employees: 119 as of Dec 31, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $670.65M as of Sep 30, 2023
Annual revenue (TTM): $366.29M as of Sep 30, 2023
EBITDA (TTM): $273.57M as of Sep 30, 2023
Net annual income (TTM): $171.25M as of Sep 30, 2023
Free cash flow (TTM): $153.58M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 919,273,561 as of Feb 28, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization