Petrus Resources Ltd T.PRQ

Alternate Symbol(s): PTRUF

Petrus Resources Ltd. is a Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. The Company has an inventory of low-risk oil and natural gas development assets in its Ferrier, North Ferrier and Thorsby operating areas. Its core area, Ferrier, is a resource play. The Ferrier is a liquid 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. The Company is also evaluating Kakwa, an early-stage Dunvegan oil play, for potential further long term development.

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Petrus Resources Ltd > Dividend up coming about 9.7% annually

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Comment by llerrad5on Jan 16, 2024 11:54am

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Post# 35829206

RE:RE:RE:RE:Dividend up coming about 9.7% annually

I don't care how much capital you have no one wants to lose it.

A 14% dividend is signaling a big risk to the dividend being cut and thne a big share price drop.

Tipically the higher the dividend the more risk.

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