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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 > Stock Market Colouring Everything
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Post by geezer21 on Jun 23, 2022 10:07am

Stock Market Colouring Everything

What is with all the oil companies, even the best ones, being down when the price of oil is sustaining high price levels?  Appears the stock market crash is dominating.

The oil companies including Petrus have to be making money hand over fist and Q2 results should be excellent. 

Q2 results will likely reverse the down trend.
Comment by chriszhou on Jun 23, 2022 12:36pm
1. profit-taking 2. worry of recession 3. Biden talking oil-tax
Petrus Resources Ltd
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