PRQ : Petrus Resources Ltd Stock Profile

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

Petrus Resources Ltd trades with the ticker PRQ on the TSX and is in the Oil & Gas E&P industry.

Overview
Petrus Resources Ltd., an energy company, engages in the acquisition, exploration, development, and exploitation of oil and gas development assets in western Canada. The company focuses on risk-managed exploration. It primarily explores for natural gas, natural gas liquids, and crude oil and condensate. In addition, the company holds an average 64% working interest in the Ferrier/Strachan located in west central Alberta near the town of Rocky Mountain House, Alberta. Further, it holds interest in the Thorsby/Pembina located in Alberta; an average of 82% working interest North Ferrier located in west central Alberta; an average of 100% interest in Kakwa area located in south of Grande Prairie, Alberta; and an average of 41% working interest in the Foothills area that is located in northwest of Rocky Mountain House, Alberta. Petrus Resources Ltd. was incorporated in 2015 and is headquartered in Calgary, Canada.
 

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

PRQ.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $173.414MM

PE Ratio: 5.185

Price: 1.41 (Updated: 3/12/2024 0:47:16)



Petrus Resources Ltd (PRQ) vs Competitors in Oil & Gas E&P

Lets see how PRQ.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

  • Petrus Resources Ltd (PRQ) vs Advantage Oil & Gas Ltd (AAV)
    • AAV has higher EPS (0.59 vs 0.27). PRQ provides dividends, while AAV does not. AAV has a higher P/E ratio (16.729 vs 5.185) indicating it’s more expensive.
  • Petrus Resources Ltd (PRQ) vs Africa Oil Corp (AOI)
    • PRQ has higher EPS (0.27 vs 0.24). PRQ has higher dividend yield (8.4% vs 3.2%). AOI has a higher P/E ratio (8.708 vs 5.185) indicating it’s more expensive.
  • Petrus Resources Ltd (PRQ) vs ARC Resources Ltd (ARX)
    • ARX has higher EPS (2.61 vs 0.27). PRQ has higher dividend yield (8.4% vs 2.9%). ARX has a higher P/E ratio (8.981 vs 5.185) indicating it’s more expensive.
  • Petrus Resources Ltd (PRQ) vs Athabasca Oil Corporation (ATH)
    • PRQ has higher EPS (0.27 vs -0.09). PRQ provides dividends, while ATH does not. ATH has a P/E under 0, indicating PRQ (P/E 5.185) is in a better position.
  • Petrus Resources Ltd (PRQ) vs Birchcliff Energy Ltd (BIR)
    • BIR has higher EPS (0.32 vs 0.27). PRQ has higher dividend yield (8.4% vs 7.2%). BIR has a higher P/E ratio (17.25 vs 5.185) indicating it’s more expensive.

Our Recommendation: Hold
Has a lower P/E ratio (5.18) than the industry average (9.55), indicating potential undervaluation. Features a lower EV/EBITDA ratio (2.57) than the industry average (4.55), indicating attractive valuation.
 

How to Buy PRQ 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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