An update from PetroTal Corp ( (TSE:TAL) ) is now available.
PetroTal Corp. announced the repurchase and cancellation of 20,942 common shares as part of its share buyback program. This transaction leaves the company with 916,099,830 common shares in issue, impacting shareholder voting rights and potentially influencing market perceptions of the company’s financial health and strategic direction.
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, with its flagship asset being the Bretana oil field in Peru’s Block 95. The company, which became the largest crude oil producer in Peru in early 2022, is committed to community-sensitive energy production and is led by an experienced management team.
YTD Price Performance: 30.77%
Average Trading Volume: 659,440
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$623M
See more insights into TAL stock on TipRanks’ Stock Analysis page.