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Bullboard - Stock Discussion Forum 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... see more

TSX:PRQ - Post Discussion

Petrus Resources Ltd > Feb production shows...
View:
Post by topdop on Mar 29, 2024 7:40am

Feb production shows...

...Volumes comprising "69% natural gas and 31% total liquids".

This is a pleasant surprise given how deflated NatGas pricing has been/is.
Comment by mikewale on Mar 29, 2024 8:29am
if I may ask the question, this company looks attractive but I see many others that also look good. opinions please PRQ low float over 70% insider ownership low p/e small dividend thank you in advance
Comment by llerrad5 on Mar 30, 2024 12:16pm
P/E isn't really effective with  oil and gas cos. Cash flow multiples.count in O and G. 9% dividend works for me while I wait. You may find it  easier to double your $$ in a $1.35 stck that one for say $15.00. The major owners of  PRQ also started Peyto O and G which is a sucessful Alberta gas co. .At least one of the major shareholders is an engineer. Be preapred to be ...more  
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