Petrel Resources

PET: 2.50 0.00 (0.00%)

Delayed:2018-02-16 16:57:12
Bid Price 2.50 High Price 0.00
Ask Price 3.00 Low Price 0.00
Open Price 0.00 Spread 18.18%
Prev Close 2.75 Volume 0.00

Petrel Resources Share Price Chart


Historic - 1 year

Petrel Resources Share Price Information

Name Petrel Resources Epic PET
Sector Oil & Gas Producers ISIN IE0001340177
Activites Petrel Resources plc is an Irish and London listed oil exploration company established in the early 1980s. The Company moved from London's Ofex Market to the London Stock Exchange's Alternative Investment Market (AIM) in August 2000. The focus of the Company's operations is in Iraq, where it had been seeking an agreement to develop three existing oil fields in Southern Iraq while applying for exploration acreage in the Western Desert. Security Type Equity

Key numbers

Latest Share Price (p) 2.75 Net Gearing (%) -4.71
Market Cap (£m) 2.74 Gross Gearing (%) 5.76
Shares in issue (m) 99.68 Debt Ratio 0.00
P/E Ratio -10.58 Debt-to-Equity Ratio 0.00
Divs per share (p) 0.00 Assets / Equity Ratio 1.06
Dividend Yield (%) 0.00 Price to book value 0.41
Dividend Cover 0.00 SROCE (%) -3.87
Earning per share (p) -0.26 EPS Growth (%) -13.04
52-week high / low (p) 5.63 / 1.50 DPS Growth (%)

Petrel Resources Broker Views

Date Broker Rec. Price Old target price New target price Notes
15 Dec Northland Capital Corporate 2.50 Reiterates
20 Sep Northland Capital Corporate 2.50 Reiterates
26 Jun Northland Capital Corporate 2.50 Reiterates
13 Oct Northland Capital Corporate 2.50 Reiterates
26 Sep Northland Capital Corporate 2.50 Reiterates

Petrel Resources Director Deals

Petrel Resources Company News

Petrel Res. updates on positive Tano 2A talks in Ghana

Petrel Resources said positive and constructive discussions have taken place in recent days relating to the Tano 2A onshore offshore block in Ghana.

It said the talks would be continued.

"The Tano 2A saga has been ongoing for nine years. There are numerous legacy issues which are being addressed," said director David Horgan.

"Progress is being made. The newly elected government is pro-development and committed to improved standards.

"We are committed to helping find and develop Ghana's natural resources. With continued good-will and common sense we hope that any outstanding issues will be satisfactorily and promptly resolved."

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FLASH: Petrel Res. updates on positive Tano 2A talks in Ghana

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