Trillion Energy Reports Increased Gas Reserves Amid Valuation Decline

The latest announcement is out from Trillion Energy International ( (TSE:TCF) ).

Trillion Energy International Inc. announced its 2024 year-end reserve report, highlighting an increase in total proved plus probable reserves to 62.3 Bcf of gas and 247 Mbbl of oil, with a net present value (NPV10%) of $363.6 million. Despite a 12% increase in natural gas reserves from the previous year, the NPV10% of total proved reserves decreased by 20% due to lower forecast gas prices. This report underscores Trillion’s strategic positioning in the natural gas sector, particularly in Europe and Turkey, and its potential implications for stakeholders.

Spark’s Take on TSE:TCF Stock

According to Spark, TipRanks’ AI Analyst, TSE:TCF is a Underperform.

Trillion Energy International has a low overall stock score due to persistent financial challenges, particularly in profitability and cash flow management, which are significant risks. The technical analysis indicates a bearish market trend, and the negative P/E ratio underscores valuation concerns. These factors collectively suggest a cautious outlook for the stock until financial and operational improvements are realized.

To see Spark’s full report on TSE:TCF stock, click here.

More about Trillion Energy International

Trillion Energy is focused on natural gas production for Europe and Turkey, with natural gas assets in Turkiye and Bulgaria. The Company holds a 49% stake in the SASB natural gas field, one of the Black Sea’s largest natural gas development projects, and a 19.6% interest in the Cendere oil field. In Bulgaria, it owns the Vranino 1-11 block, a prospective unconventional natural gas property.

YTD Price Performance: -56.00%

Average Trading Volume: 147,136

Technical Sentiment Signal: Buy

Current Market Cap: $3.45M

For a thorough assessment of TCF stock, go to TipRanks’ Stock Analysis page.