PPR : Prairie Provident Resources Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Prairie Provident Resources Inc trades with the ticker PPR on the TSX and is in the Oil & Gas E&P industry.

Overview
Prairie Provident Resources Inc. engages in the exploration and development of oil and natural gas properties in Alberta. The company explores for light and medium oil, heavy crude oil, conventional natural gas, and natural gas liquids. It principally focuses on the Princess and Michichi areas targeting the Glauconite, Detrital, Ellerslie, Cretaceous Mannville, and Mississippian Banff formations in southeastern Alberta; and the Evi areas targeting the Devonian Slave Point, Gilwood, and Granite Wash formations situated in the Peace River Arch area of northern Alberta. The company is headquartered in Calgary, Canada.
 

Looking to invest in Prairie Provident Resources Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

PPR.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $53.648MM

PE Ratio:

Price: 0.07 (Updated: 3/12/2024 0:47:16)



Prairie Provident Resources Inc (PPR) vs Competitors in Oil & Gas E&P

Lets see how PPR.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:

Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd

.

Oil & Gas E&P Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Advantage Oil & Gas Ltd (AAV) $1,577.226 16.729 5.77 N/A%
Africa Oil Corp (AOI) $959.473 8.708 6.836 3.2%
ARC Resources Ltd (ARX) $13,990.234 8.981 4.539 2.9%
Athabasca Oil Corporation (ATH) $2,937.06 N/A 26.708 N/A%
Birchcliff Energy Ltd (BIR) $1,471.439 17.25 4.987 7.2%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Oil & Gas E&P

  • Prairie Provident Resources Inc (PPR) vs Advantage Oil & Gas Ltd (AAV)
    • AAV has higher EPS (0.59 vs -0.03). PPR has a P/E under 0, indicating AAV (P/E 16.729) is in a better position.
  • Prairie Provident Resources Inc (PPR) vs Africa Oil Corp (AOI)
    • AOI has higher EPS (0.24 vs -0.03). AOI provides dividends, while PPR does not. PPR has a P/E under 0, indicating AOI (P/E 8.708) is in a better position.
  • Prairie Provident Resources Inc (PPR) vs ARC Resources Ltd (ARX)
    • ARX has higher EPS (2.61 vs -0.03). ARX provides dividends, while PPR does not. PPR has a P/E under 0, indicating ARX (P/E 8.981) is in a better position.
  • Prairie Provident Resources Inc (PPR) vs Athabasca Oil Corporation (ATH)
    • PPR has higher EPS (-0.03 vs -0.09). ATH and PPR both have P/E’s under 0.
  • Prairie Provident Resources Inc (PPR) vs Birchcliff Energy Ltd (BIR)
    • BIR has higher EPS (0.32 vs -0.03). BIR provides dividends, while PPR does not. PPR has a P/E under 0, indicating BIR (P/E 17.25) is in a better position.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (3.92) than the industry average (4.55), indicating attractive valuation.
 

How to Buy PPR stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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