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PET Stock Chart & Stats
0.75 p
0.00 p(0.00%)
At close: 4:00 PM EST
0.75 p
0.00 p(0.00%)
Day’s Range― - ―
52-Week Range0.56 p - 1.07 p
Previous CloseN/A
Volume1.00K
Average Volume (3M)211.80K
Market Cap
£1.87M
Enterprise Value2.12M
Total Cash (Recent Filing)£1.38K
Total Debt (Recent Filing)£0.00
Price to Earnings (P/E)―
Beta0.21
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 DebtPetrel's absence of reported debt is a durable financial strength: it lowers refinancing and interest-rate exposure, preserves optionality when raising capital, and reduces fixed financial burden. For an exploration junior this improves flexibility to structure farm-outs or sell assets without debt overhang.
Multiple Monetization PathwaysThe company's business model includes farm-outs, asset disposals, or production entitlements, giving multiple durable paths to realize value. That structural optionality lets Petrel pursue partner-funded exploration, staged monetization, or sale if prospects are de-risked, reducing single-path dependency.
Lean Operating FootprintA very small headcount implies low fixed overhead and lean corporate costs, which materially extends runway for a capital-constrained explorer. This structural cost discipline makes it easier to stretch limited cash between financings and focus capital on technical de-risking or partner negotiations.
Bears Say
No Revenue BasePetrel has reported no revenue for multiple years, indicating it has not yet achieved commercial production or material monetization. Without an operating revenue stream, the company remains entirely dependent on external capital or farm-outs, which is a persistent constraint on scaling and long-term viability.
Negative Equity & Shrinking Asset BaseThe shift to negative shareholders' equity and a materially shrinking asset base are structural solvency concerns. Negative equity reduces financing options, weakens negotiating position with partners, and raises the risk of distressed disposals or dilutive capital raises if exploration does not quickly create value.
Persistent Operating Cash BurnConsistently negative operating cash flow with accelerating burn is a durable weakness; it necessitates repeated external funding rounds or partner funding. That dependency increases dilution risk, can delay technical programs, and constrains the firm's ability to advance licences toward value-accretive milestones.
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 1.07 p in the past 12 months.
What is Petrel Resources PLC’s market cap?
Petrel Resources PLC’s market cap is £1.87M.
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 77 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.