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PET Stock Chart & Stats
0.85 p
0.00 p(0.00%)
At close: 4:00 PM EDT
0.85 p
0.00 p(0.00%)
Day’s Range― - ―
52-Week Range0.56 p - 1.10 p
Previous CloseN/A
Volume378.46K
Average Volume (3M)230.23K
Market Cap
£1.66M
Enterprise Value1.87M
Total Cash (Recent Filing)£0.00
Total Debt (Recent Filing)£0.00
Price to Earnings (P/E)―
Beta0.15
Next Earnings
Jun 24, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding207,681,320
10 Day Avg. Volume151,734
30 Day Avg. Volume230,228
Financial Highlights & Ratios
PEG Ratio0.47
Price to Book (P/B)-2.14
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
No Reported DebtThe absence of reported debt reduces refinancing and interest-rate exposure, preserving some financial flexibility despite the company’s weak operations. This gives management more scope to pursue exploration opportunities without servicing a debt burden, although it does not offset the broader cash and equity pressures.
Exploration Licence ModelPetrel is focused on acquiring, evaluating, and progressing exploration licences rather than operating producing fields. This model provides exposure to upstream opportunities and potential project development through licence interests and industry or government partnerships over a multi-month horizon.
Losses Relatively StableAlthough persistent losses remain a major weakness, their broadly stable magnitude suggests the company has not experienced an unchecked acceleration in annual net losses. This may provide some operating predictability while exploration assets and opportunities are evaluated, though profitability has not yet emerged.
Bears Say
No Operating RevenueSix years without reported revenue or gross profit show that Petrel has not yet established operating scale or a producing business base. The company therefore lacks demonstrated commercial cash generation, leaving future progress dependent on exploration success and project development rather than established operations.
Accelerating Cash BurnPersistent negative operating cash flow means the business is not self-funding, while the larger 2025 outflow indicates worsening recent cash consumption. Continued exploration and corporate activity may therefore require external capital, increasing financing dependence and limiting financial resilience.
Negative Equity And Shrinking AssetsThe shift into negative equity represents a material solvency concern and reduces the balance-sheet cushion available to absorb further losses. The substantial decline in total assets also signals diminished financial resources, constraining flexibility as the company continues pursuing exploration opportunities.
Petrel Resources News
PET FAQ
What was Petrel Resources PLC’s price range in the past 12 months?
Petrel Resources PLC lowest share price was 0.56 p and its highest was 1.10 p in the past 12 months.
What is Petrel Resources PLC’s market cap?
Petrel Resources PLC’s market cap is £1.66M.
When is Petrel Resources PLC’s upcoming earnings report date?
Petrel Resources PLC’s upcoming earnings report date is Jun 24, 2027 which is in 236 days.
How were Petrel Resources PLC’s earnings last quarter?
Petrel Resources PLC released its earnings results on Sep 18, 2026. The company reported -0.001 p earnings per share for the quarter.
Is Petrel Resources PLC overvalued?
According to Wall Street analysts Petrel Resources PLC’s price is currently Overvalued.
Does Petrel Resources PLC pay dividends?
Petrel Resources PLC does not currently pay dividends.
What is Petrel Resources PLC’s EPS estimate?
Petrel Resources PLC’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Petrel Resources PLC have?
Petrel Resources PLC has 207,681,320 shares outstanding.
What happened to Petrel Resources PLC’s price movement after its last earnings report?
Petrel Resources PLC reported an EPS of -0.001 p in its last earnings report. Following the earnings report the stock price went down -5.263%.
Which hedge fund is a major shareholder of Petrel Resources PLC?
Currently, no hedge funds are holding shares in GB:PET
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Petrel Resources PLC
Petrel Resources Plc operates as an enterprise primarily focused on the exploration and development of oil and natural gas resources, managing its activities through its main company and its various subsidiaries. The company's portfolio includes a complete ownership stake in the Frontier exploration license 3/14, located within Ireland. Furthermore, Petrel Resources Plc holds a 30% operational interest in the Tano 2A Block in Ghana, an area encompassing 1,532 square kilometers, and a 100% ownership of the Western Desert Block 6 situated in Iraq. This company was established in 1982 and has its corporate headquarters in Dublin, Ireland.