Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
PetroTal Corp ( (TSE:TAL) ) has provided an update.
PetroTal Corp announced the repurchase and cancellation of 24,212 common shares as part of its share buyback program. The cancellation will result in a total of 911,680,354 common shares in issue, which determines the company’s total voting rights. This move reflects PetroTal’s strategic financial management and may influence shareholder interests under regulatory guidelines.
More about PetroTal Corp
PetroTal Corp is a publicly traded oil and gas development and production company based in Calgary, Alberta. It focuses on developing oil assets in Peru, particularly the Bretana oil field in Peru’s Block 95. The company began oil production in June 2018 and became the largest crude oil producer in Peru by early 2022. PetroTal is committed to safe and cost-effective development and promotes community-sensitive energy production initiatives.
YTD Price Performance: 21.67%
Average Trading Volume: 735,224
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$665.7M
See more data about TAL stock on TipRanks’ Stock Analysis page.
