Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Petrus Resources Ltd T.PRQ

Alternate Symbol(s):  PTRUF

Consumer Cyclical Energy Advertising Agencies Oil & Gas E&P
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... see more

TSX:PRQ - Post Discussion

Petrus Resources Ltd > Head Winds
View:
Post by geezer21 on Apr 06, 2022 2:24pm

Head Winds

We can thank the Federal Reserve and some demand destruction for today.

Expect the demand destruction to reverse as we move into driving season.
Comment by geezer21 on Apr 06, 2022 2:26pm
All the oil companies are down today.
Comment by WRig33JN on Apr 06, 2022 2:50pm
Good thing Petrus is mostly a natural gas producer. Natural gas is over $6 and Petrus is unhedged.
Comment by geezer21 on Apr 06, 2022 9:13pm
With natural gas on a steady rise through Q1 up to $6.13 at the moment and with Petrus pouring $50 - $55 million into drilling and producing about 67% natural gas expect Q1 to be a record quarter. Petrus is outperforming all others with a profit margin of 161% and can be had for just 1.5 x earnings and 0.9x book.
Comment by geezer21 on Apr 06, 2022 9:15pm
Corporate presentation: https://static1.squarespace.com/static/61785537e5f7ac63ee886fa0/t/6234ed251dae4a6f76854551/1647635763272/Pro+Forma+ACQ+PRQ-+Q4+2021+Update+March+18.pdf
Petrus Resources Ltd