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Prospera Energy Inc (TSE:PEI)
:PEI
Earnings Data
Report Date
Aug 28, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 21, 2025
|% Change Since: -25.00%
|Next Earnings Date:Aug 28, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a balanced perspective with notable achievements in production growth, revenue increase, and successful strategic initiatives. However, these are tempered by significant increases in operating costs and dependency on debt financing. The company is making strides towards operational efficiency and positive cash flow but faces challenges in reducing costs and achieving financial sustainability without external financing.Company Guidance
In the recent call, Prospera Energy provided a comprehensive overview of their Q1 2025 financials and strategic initiatives. The company invested approximately $2.5 million, with $2.3 million focused on the reactivation of 27 wells, enhancing production by nearly 250 barrels per day at an average capital efficiency of over $9,300 per BOE. They secured $3.3 million in term debt funding and announced the acquisition of White Tundra Petroleum, expected to close in June 2025. Prospera's operating netback decreased from $27 to just over $10 per BOE due to one-time costs, although sales revenue increased to nearly $4.6 million with a BOE price of over $77. The company managed to remain cash flow positive in March despite higher operating costs, driven by infrastructure and extreme weather challenges. Additionally, Prospera is advancing a summer capital program focused on well reactivations and strategic initiatives, including a polymer flood project, while maintaining flexibility to adapt to fluctuating oil prices.Increased Production and Revenue
Prospera realized average net sales of 660 BOE per day in Q1 2025, an increase from 640 BOE in Q1 2024, and from 625 BOE in Q4 2024. Sales revenue reached almost $4.6 million, with an average BOE price of $77, compared to $3.9 million and $67 per BOE in Q1 2024, reflecting a 17% increase year-over-year.
Successful Strategic Initiatives
Prospera secured $3.3 million in term debt funding and announced the acquisition of White Tundra Petroleum, expected to close in June 2025. Additionally, a convertible debt settlement was reached, refinancing $1.5 million into a promissory note and converting $200,000 of accrued interest into additional convertible notes.
Operational Efficiency Improvements
A workforce re-optimization initiative resulted in improved operational efficiency, with staffing reductions and cost savings in office, software, and G&A-related expenses.
Positive Cash Flow
Despite significant capital expenditures, Prospera was free cash flow positive in March 2025, indicating strong financial management and operational performance.
TSE:PEI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:PEI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 21, 2025 | C$0.04 | C$0.03 | -25.00% |
May 01, 2025 | C$0.02 | C$0.02 | 0.00% |
Nov 27, 2024 | C$0.04 | C$0.04 | 0.00% |
Aug 13, 2024 | C$0.06 | C$0.07 | +16.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Prospera Energy Inc (TSE:PEI) report earnings?
Prospera Energy Inc (TSE:PEI) is schdueled to report earning on Aug 28, 2025, TBA Not Confirmed.
What is Prospera Energy Inc (TSE:PEI) earnings time?
Prospera Energy Inc (TSE:PEI) earnings time is at Aug 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:PEI EPS forecast?
Currently, no data Available