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PET Stock Chart & Stats
1.00 p
0.00 p(0.00%)
At close: 4:00 PM EDT
1.00 p
0.00 p(0.00%)
Day’s Range― - ―
52-Week Range0.56 p - 1.10 p
Previous CloseN/A
Volume378.46K
Average Volume (3M)211.80K
Market Cap
£2.08M
Enterprise Value2.12M
Total Cash (Recent Filing)£1.38K
Total Debt (Recent Filing)£0.00
Price to Earnings (P/E)―
Beta0.33
Next Earnings
Sep 17, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding207,681,320
10 Day Avg. Volume414,575
30 Day Avg. Volume211,801
Financial Highlights & Ratios
PEG Ratio0.47
Price to Book (P/B)-2.14
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
No Reported DebtThe company reports no debt across the reported periods, which materially lowers refinancing and interest-rate exposure. For an exploration junior that will need episodic capital, no debt preserves flexibility and reduces fixed financing costs, improving durability while seeking partners.
Asset Monetization Business ModelPetrel’s stated model—monetising via farm-outs, disposals, or carried interests—is a capital-efficient pathway common in juniors. It provides multiple structural routes to generate cash and de-risk projects without funding full-field development, preserving upside while limiting capital intensity.
Low Fixed OverheadA headcount of three implies very low recurring overhead, which helps conserve cash between financing or farm-out events. For an explorer with no production, minimal fixed costs extend runway and make the firm a simpler partner for larger operators evaluating farm-outs or joint ventures.
Bears Say
No Revenue / Persistent LossesZero revenue and recurring net losses mean the company has no operating scale and cannot self-fund exploration. This structural deficit forces repeated external financing or asset sales, which can dilute shareholders and constrain the pace of technical work needed to add value over the medium term.
Accelerating Cash BurnOperating cash flow deterioration indicates accelerating cash burn. That trend limits the company’s ability to execute technical programs without new capital, increases reliance on dilutive equity or partner funding, and reduces optionality to pursue multiple licences or timely appraisal work.
Negative Equity & Shrinking AssetsA negative equity position and materially lower asset base are structural solvency concerns. They can impede the company’s ability to obtain partner funding, attract farm-ins, or meet regulatory/contractual capital requirements, increasing the risk of distressed capital raises or asset disposals under pressure.
Petrel Resources News
PET FAQ
What was Petrel Resources PLC’s price range in the past 12 months?
Petrel Resources PLC lowest share price was 0.56 p and its highest was 1.10 p in the past 12 months.
What is Petrel Resources PLC’s market cap?
Petrel Resources PLC’s market cap is £2.08M.
When is Petrel Resources PLC’s upcoming earnings report date?
Petrel Resources PLC’s upcoming earnings report date is Sep 17, 2026 which is in 50 days.
How were Petrel Resources PLC’s earnings last quarter?
Petrel Resources PLC released its earnings results on Jun 18, 2026. The company reported -0.001 p earnings per share for the quarter, missing the consensus estimate of N/A by -0.001 p.
Is Petrel Resources PLC overvalued?
According to Wall Street analysts Petrel Resources PLC’s price is currently Overvalued.
Does Petrel Resources PLC pay dividends?
Petrel Resources PLC does not currently pay dividends.
What is Petrel Resources PLC’s EPS estimate?
Petrel Resources PLC’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Petrel Resources PLC have?
Petrel Resources PLC has 207,681,320 shares outstanding.
What happened to Petrel Resources PLC’s price movement after its last earnings report?
Petrel Resources PLC reported an EPS of -0.001 p in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Petrel Resources PLC?
Currently, no hedge funds are holding shares in GB:PET
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Petrel Resources PLC
Petrel Resources Plc operates as an enterprise primarily focused on the exploration and development of oil and natural gas resources, managing its activities through its main company and its various subsidiaries. The company's portfolio includes a complete ownership stake in the Frontier exploration license 3/14, located within Ireland. Furthermore, Petrel Resources Plc holds a 30% operational interest in the Tano 2A Block in Ghana, an area encompassing 1,532 square kilometers, and a 100% ownership of the Western Desert Block 6 situated in Iraq. This company was established in 1982 and has its corporate headquarters in Dublin, Ireland.