Education
About Us
Working with TipRanks
Follow Us
Petrel Resources PLC (GB:PET)
LSE:PET
Top Page
Petrel Resources
(LSE:PET)
Select Model
Select Model
Rating:46Neutral
Price Target:
0.74p
▼(-2.00% Downside)
The score is driven down primarily by weak financial performance—no revenue, persistent losses, and ongoing cash burn, alongside negative equity despite being debt-free. Technicals add modest support via improving short-term momentum, but longer-term trend signals remain weak. Valuation is constrained by negative earnings (negative P/E) and no stated dividend yield.
Petrel Resources (PET) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£1.45M
Dividend YieldN/A
Average Volume (3M)211.80K
Price to Earnings (P/E)―
Beta (1Y)0.44
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees3
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding207,681,320
10 Day Avg. Volume414,575
30 Day Avg. Volume211,801
Financial Highlights & Ratios
PEG Ratio0.85
Price to Book (P/B)-4.81
Price to Sales (P/S)0.00
P/FCF Ratio-20.95
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
Petrel Resources Business Overview & Revenue Model
Company DescriptionPetrel Resources Plc, together with its subsidiaries, operates as an oil and gas exploration company. The company holds a 100% interest in the Frontier exploration license 3/14 located in Ireland. It also holds a 30% working interest in the Tano 2A Block covering an area of 1,532 square kilometers in Ghana; and 100% interest in the Western Desert Block 6 located in Iraq. Petrel Resources Plc was incorporated in 1982 and is based in Dublin, Ireland.
How the Company Makes Money
Petrel Resources Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -319.25K | -283.25K | -304.00K | -311.00K | -271.00K | -399.00K |
| Net Income | -597.88K | -469.88K | -491.00K | -311.00K | -322.00K | -451.00K |
Balance Sheet | ||||||
| Total Assets | 571.00K | 574.59K | 792.55K | 1.13M | 1.06M | 1.30M |
| Cash, Cash Equivalents and Short-Term Investments | 42.00K | 4.84K | 35.67K | 166.31K | 101.84K | 333.90K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.22M | 1.17M | 1.02M | 889.93K | 792.43K | 710.54K |
| Stockholders Equity | -649.00K | -590.53K | -226.97K | 243.36K | 268.24K | 590.32K |
Cash Flow | ||||||
| Free Cash Flow | -262.00 | -135.46K | -149.93K | -218.93K | -241.68K | -310.81K |
| Operating Cash Flow | -262.00 | -135.46K | -149.93K | -218.93K | -240.48K | -310.81K |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | -1.20K | 450.00 |
| Financing Cash Flow | 299.00 | 106.31K | 20.76K | 285.93K | 0.00 | 281.11K |
Petrel Resources Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
46 Neutral | £1.45M | -2.69 | ― | ― | ― | ― | |
43 Neutral | £2.29M | -0.57 | ― | ― | ― | 89.39% | |
43 Neutral | £1.71M | 0.37 | 37.47% | ― | -55.91% | ― | |
41 Neutral | £1.80M | -2.20 | -96.49% | ― | ― | ― | |
40 Underperform | £2.25M | -7.50 | -173.17% | ― | ― | ― |
* Energy Sector Average
GB:PET
Petrel Resources
0.70
-0.45
-39.13%
GB:CLON
Clontarf Energy
0.02
>-0.01
-26.67%
GB:EME
Empyrean Energy
0.04
-0.04
-48.05%
GB:LOGP
Lansdowne Oil & Gas
0.10
0.00
0.00%
GB:SYN
Oilex Ltd
0.01
-0.04
-77.08%
GB:WCAT
Wildcat Petroleum Plc
0.08
-0.05
-40.00%
Petrel Resources Corporate Events
Executive/Board Changes
Petrel Resources Announces Key Board Appointments
Positive
Nov 10, 2025
Petrel Resources PLC has announced significant changes to its board, with James Finn appointed as an Executive Director and John Teeling as Non-executive Chairman, both effective immediately. These appointments are expected to bring experienced leadership to the company, potentially impacting its strategic direction and operations positively, which could influence its market positioning and stakeholder confidence.
Business Operations and StrategyExecutive/Board Changes
Petrel Resources Mourns the Loss of Co-Founder David Horgan
Negative
Oct 29, 2025
Petrel Resources PLC announced the passing of its co-founder and chairman, David Horgan, at the age of 66. Horgan was a pivotal figure in the company and the wider Irish resource sector, known for his fearless approach to high-risk resource exploration and his linguistic abilities. His death is seen as a significant loss to the company and its stakeholders, especially as his advocacy for exploration as a means to transition to green energy was gaining traction. Following his passing, it is intended that Jim Finn will join the Petrel board, with further announcements to be made soon.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.