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Petrel Resources
(LSE:PET)
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Rating:41Neutral
Price Target:
0.76 p
▼(-10.12% Downside)
Action:Reiterated
Date:10/08/26
The score is primarily constrained by very weak financial performance (no revenue, ongoing losses, negative operating cash flow, and negative equity). Technicals also lean bearish with the price trading below major moving averages and weak momentum. Valuation is difficult to justify on earnings due to losses and there is no dividend data to offset risk.
Positive Factors
No Reported Debt
The absence of reported debt removes refinancing obligations and interest-rate exposure from the current balance-sheet profile. This gives the company some financial flexibility relative to a leveraged explorer, although that benefit is limited because equity is negative and operations remain cash consumptive.
Negative Factors
No Operating Revenue
The absence of revenue and gross profit across six reported years indicates that Petrel has not yet achieved operating scale or demonstrated commercial production. Without a revenue base, the company cannot fund exploration internally through operating earnings, leaving future progress dependent on successful projects and external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
No Reported Debt
The absence of reported debt removes refinancing obligations and interest-rate exposure from the current balance-sheet profile. This gives the company some financial flexibility relative to a leveraged explorer, although that benefit is limited because equity is negative and operations remain cash consumptive.
Read all positive factors
Petrel Resources (PET) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£1.87M
Dividend YieldN/A
Average Volume (3M)186.03K
Price to Earnings (P/E)―
Beta (1Y)0.26
Revenue GrowthN/A
EPS Growth42.31%
CountryUK
Employees3
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding207,681,320
10 Day Avg. Volume126,363
30 Day Avg. Volume186,033
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
Petrel Resources Business Overview & Revenue Model
Company Description
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...
Petrel Resources Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
12
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | ― | -283.25K | -304.37K | -187.00 | -270.45K |
| Net Income | -490.00K | -469.88K | -491.00K | -311.00K | -322.00K |
Balance Sheet | |||||
| Total Assets | 386.92K | 574.59K | 792.55K | 1.13M | 1.06M |
| Cash, Cash Equivalents and Short-Term Investments | 1.38K | 4.84K | 35.67K | 166.31K | 101.84K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.21M | 1.17M | 1.02M | 889.93K | 792.43K |
| Stockholders Equity | -818.87K | -590.53K | -226.97K | 243.36K | 268.24K |
Cash Flow | |||||
| Free Cash Flow | 0.00 | -135.46K | -149.93K | -218.93K | -241.68K |
| Operating Cash Flow | -290.45K | -135.46K | -149.93K | -218.93K | -240.48K |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | -1.20K |
| Financing Cash Flow | 293.16K | 106.31K | 20.76K | 285.93K | 0.00 |
Petrel Resources Technical Analysis
Negative
0.85
Price Trends
0.89
Negative
0.89
Negative
0.85
Negative
Market Momentum
-0.01
Positive
12.54
Positive
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PET, the sentiment is Negative. The current price of 0.85 is below the 20-day moving average (MA) of 0.91, below the 50-day MA of 0.89, and above the 200-day MA of 0.85, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 12.54 is Positive, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:PET.
Petrel Resources Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
44 Neutral | £1.27M | -2.39 | -317.61% | ― | ― | ― | |
44 Neutral | £1.56M | -0.95 | -24.91% | ― | -46.02% | -150.00% | |
43 Neutral | £2.40M | -8.57 | -265.61% | ― | ― | 50.00% | |
41 Neutral | £1.87M | -15.73 | 38.44% | ― | ― | 42.31% | |
40 Underperform | £3.47M | ― | 59.51% | 4.45% | ― | 71.43% |
* Energy Sector Average
GB:PET
Petrel Resources
0.80
-0.05
-5.88%
GB:CLON
Clontarf Energy
0.02
-0.01
-46.43%
GB:EME
Empyrean Energy
0.05
-0.02
-26.23%
GB:SYN
Oilex Ltd
0.01
-0.01
-50.00%
GB:WCAT
Wildcat Petroleum Plc
0.08
-0.05
-38.46%
Petrel Resources Corporate Events
Business Operations and StrategyFinancial Disclosures
Petrel Resources Narrows Interim Loss as It Hunts New Exploration Deals
Negative
Sep 18, 2026
Petrel Resources reported an unaudited operating loss of €233,000 for the first half of 2026, down from €284,000 a year earlier, as administrative costs fell but exploration impairments persisted. The company ended the period with net ...
Business Operations and StrategyShareholder Meetings
Petrel Resources Secures Shareholder Backing as All AGM Resolutions Pass
Positive
Jul 23, 2026
Petrel Resources plc reported that all resolutions presented at its Annual General Meeting on 23 July 2026 in Dublin were duly passed by shareholders, confirming support for the company’s current governance and strategic direction. The appro...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.