Petrel Resources (PET) Price & Analysis

PET Stock Chart & Stats

GBX 0.80GBX 0.00(0.00%)

At close: Oct 30 4:00 PM EDT

Day’s Range: GBX 0.90 - GBX 0.90
52-Week Range: GBX 0.56 - GBX 1.10
Previous Close: GBX 0.80
Volume: 378.46K
Average Volume (3M): 193.83K
Market Cap: GBP 1.66M
Enterprise Value: GBP 1.87M
Total Cash (Recent Filing): GBP 0
Total Debt (Recent Filing): GBP 0
Price to Earnings (P/E): ―
Beta: 0.15
Next Earnings: Jun 24, 2027
EPS Estimate: N/A
Next Dividend Ex-Date: N/A
Dividend Yield: N/A

Bulls Say, Bears Say

Bulls Say

No Reported Debt

The 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 Model

Petrel 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 Stable

Although 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 Revenue

Six 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 Burn

Persistent 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 Assets

The 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

Petrel Resources Narrows Interim Loss as It Hunts New Exploration Deals

Petrel Resources ( ($GB:PET) ) has shared an update. Petrel Resources reported an unaudited operating loss of €233,000 for the first half of 2026, down from €284,000 a year earlier,

1M agoPQ4 PET

Petrel Resources Secures Shareholder Backing as All AGM Resolutions Pass

An update from Petrel Resources ( ($GB:PET) ) is now available. Petrel Resources plc reported that all resolutions presented at its Annual General Meeting on 23 July 2026 in Dublin

3M agoPQ4 PET

Petrel Resources Posts Annual Report and Sets July 2026 AGM

Petrel Resources ( ($GB:PET) ) just unveiled an update. Petrel Resources has posted its Annual Report and Notice of Annual General Meeting to shareholders, confirming that the AGM will take

4M agoPQ4 PET

Petrel Resources weathers loss of long-time chief as it pursues Iraq and Ghana prospects

The latest update is out from Petrel Resources ( ($GB:PET) ). Petrel Resources reported a difficult 2025 marked by the death of long-serving chairman and chief executive David Horgan, whose

4M agoPQ4 PET

Petrel Resources Announces Key Board Appointments

Petrel Resources ( ($GB:PET) ) has provided an update. Petrel Resources PLC has announced significant changes to its board, with James Finn appointed as an Executive Director and John Teeling

11M agoPQ4 PET

Petrel Resources Mourns the Loss of Co-Founder David Horgan

An update from Petrel Resources ( ($GB:PET) ) is now available. Petrel Resources PLC announced the passing of its co-founder and chairman, David Horgan, at the age of 66. Horgan

1y agoPQ4 PET

Petrel Resources Reports First Half 2025 Financial Results Amid Renewed Energy Sector Interest

The latest announcement is out from Petrel Resources ( ($GB:PET) ). Petrel Resources has announced its unaudited financial results for the first half of 2025, revealing a loss of €357,000.

1y agoPQ4 PET

Petrel Resources Explores Expansion Amid Growing Demand for Energy Minerals

Petrel Resources ( ($GB:PET) ) has provided an announcement. At its Annual General Meeting, Petrel Resources announced that all resolutions were passed, and the board discussed ongoing and prospective projects.

1y agoPQ4 PET

Petrel Resources Releases Annual Report and AGM Notice

Petrel Resources ( ($GB:PET) ) has provided an announcement. Petrel Resources PLC has announced the posting of its Annual Report for the financial year ending December 31, 2024, along with

1y agoPQ4 PET

Petrel Resources Unveils Preliminary 2024 Results Amidst Energy Market Challenges

The latest update is out from Petrel Resources ( ($GB:PET) ). Petrel Resources announced its unaudited preliminary results for the year ending December 31, 2024, highlighting challenges and opportunities in

1y agoPQ4 PET

PET FAQ

What was Petrel Resources’s price range in the past 12 months?

Petrel Resources lowest share price was 0.56 p and its highest was 1.10 p in the past 12 months.

What is Petrel Resources’s market cap?

Petrel Resources’s market cap is £1.66M.

When is Petrel Resources’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Petrel Resources’s earnings last quarter?

Petrel Resources released its earnings results on Sep 18, 2026. The company reported -0.001 p earnings per share for the quarter.

Is Petrel Resources overvalued?

Not enough analysts have published a price target to calculate whether the price is overvalued.

Does Petrel Resources pay dividends?

Petrel Resources does not currently pay dividends.

What is Petrel Resources’s EPS estimate?

Petrel Resources’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Petrel Resources have?

Petrel Resources has 207,681,320 shares outstanding.

What happened to Petrel Resources’s price movement after its last earnings report?

Petrel Resources 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?

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