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Petrel Resources
(LSE:PET)
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Rating:42Neutral
Price Target:
0.82 p
▼(-18.40% Downside)
Action:Reiterated
Date:07/29/26
The score is driven primarily by weak financial performance—no revenue, ongoing losses, negative operating cash flow, and negative equity—despite the benefit of no debt. Technicals are mixed (below short-term averages but above longer-term averages), while valuation is constrained by a loss-driven negative P/E and no dividend yield data.
Positive Factors
No Reported Debt
The 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.
Negative Factors
No Revenue / Persistent Losses
Zero 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.
Read all positive and negative factors
Positive Factors
Negative Factors
No Reported Debt
The 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.
Read all positive factors
Petrel Resources (PET) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£1.77M
Dividend YieldN/A
Average Volume (3M)211.80K
Price to Earnings (P/E)―
Beta (1Y)0.31
Revenue GrowthN/A
EPS Growth4.55%
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 Ratio0.47
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
Petrel Resources Business Overview & Revenue Model
Company Description
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...
How the Company Makes Money
Petrel Resources’ potential revenue model is primarily tied to the upstream oil and gas value chain and would generally be expected to come from one or more of the following: (1) farm-out or partnership arrangements where a larger operator funds e...
Petrel Resources Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
12
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | ― | -283.25K | -304.00K | -311.00K | -271.00K |
| Net Income | -490.00K | -469.88K | -491.00K | -311.00K | -322.00K |
Balance Sheet | |||||
| Total Assets | 386.92K | 574.59K | 792.55K | 1.13M | 1.06M |
| Cash, Cash Equivalents and Short-Term Investments | 1.38K | 4.84K | 35.67K | 166.31K | 101.84K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.21M | 1.17M | 1.02M | 889.93K | 792.43K |
| Stockholders Equity | -818.87K | -590.53K | -226.97K | 243.36K | 268.24K |
Cash Flow | |||||
| Free Cash Flow | 0.00 | -135.46K | -149.93K | -218.93K | -241.68K |
| Operating Cash Flow | -290.45K | -135.46K | -149.93K | -218.93K | -240.48K |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | -1.20K |
| Financing Cash Flow | 293.16K | 106.31K | 20.76K | 285.93K | 0.00 |
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% | |
47 Neutral | £3.15M | ― | 77.86% | ― | ― | 89.39% | |
45 Neutral | £1.79M | -1.10 | -24.91% | ― | -46.02% | -150.00% | |
44 Neutral | £1.52M | -5.86 | -59.23% | ― | ― | ― | |
43 Neutral | £2.10M | -7.50 | -265.61% | ― | ― | 50.00% | |
42 Neutral | £1.77M | -4.14 | 67.97% | ― | ― | 4.55% |
* Energy Sector Average
GB:PET
Petrel Resources
0.85
-0.03
-3.41%
GB:CLON
Clontarf Energy
0.02
-0.01
-35.71%
GB:EME
Empyrean Energy
0.06
-0.03
-35.29%
GB:SYN
Oilex Ltd
0.01
>-0.01
-45.00%
GB:WCAT
Wildcat Petroleum Plc
0.07
<0.01
7.69%
Petrel Resources Corporate Events
Business Operations and StrategyShareholder Meetings
Petrel Resources Secures Shareholder Backing as All AGM Resolutions Pass
Positive
Jul 23, 2026
Petrel Resources plc reported that all resolutions presented at its Annual General Meeting on 23 July 2026 in Dublin were duly passed by shareholders, confirming support for the company’s current governance and strategic direction. The appro...
Financial DisclosuresRegulatory Filings and ComplianceShareholder Meetings
Petrel Resources Posts Annual Report and Sets July 2026 AGM
Neutral
Jun 25, 2026
Petrel Resources has posted its Annual Report and Notice of Annual General Meeting to shareholders, confirming that the AGM will take place on 23 July 2026 at the Teeling Whiskey Distillery in Dublin at 10:00 a.m. The documents are also available ...
Business Operations and StrategyExecutive/Board ChangesFinancial DisclosuresPrivate Placements and Financing
Petrel Resources weathers loss of long-time chief as it pursues Iraq and Ghana prospects
Negative
Jun 18, 2026
Petrel Resources reported a difficult 2025 marked by the death of long-serving chairman and chief executive David Horgan, whose leadership had defined the exploration group’s strategy in frontier oil and gas jurisdictions. The board has pled...
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.