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Petrotal Corp T.TAL

Alternate Symbol(s):  PTALF

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.


TSX:TAL - Post by User

Comment by geezer21on Mar 18, 2024 11:57pm
110 Views
Post# 35939760

RE:String of 0 loading for days at a time. Likely the result of

RE:String of 0 loading for days at a time. Likely the result of
They are minting money.

They are paying a dividend

They are buying back shares

They have been averaging 17,352 near the top end of 2024 guidance of 16,500 to 17,500.  2023 average was 14,248.

Last three days they have produced 20,841, 20,586, and 20,313.

As production increases they will likely exceed 2024 guidance.

Petrotal has a 57.63% profit margin. It is one of the most profitable oil producers.

Nothing has been heard regarding the spill because it was not Petrotals spill but they went into action to contain and clean up the spill.

Here is Petrotal's last presentation:

https://petrotalcorp.com/investors/

As  to HME there is no such thing as risk free.  HME's profit margin is 22.04%  It is a good company but like all oil companies there is risk.






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