Petrus Resources (TSE:PRQ)
TSX:PRQ
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Earnings Data
Report Date
Aug 12, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.08Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
Balanced: The call highlighted meaningful operational progress — a completed acquisition with regulatory approval, eight wells drilled (4 brought onstream), and high liquids weighting in initial wells — demonstrating execution against the 2026 capital program. However, significant macro and operational headwinds (geopolitical-driven price volatility, inflationary pressures, wet spring breakup delays, partial production recognition in Q1, and weak gas prices forcing throttling) constrain near-term production and create uncertainty. On balance, the positives around asset addition, approvals, and drilling readiness are offset by the delays and market uncertainty.Company Guidance
Harmattan Acquisition Closed and Integrated
Closed Harmattan acquisition effective February 1, adding a complementary liquids-weighted asset that increases development inventory and long-term optionality. Final approvals were received from the Alberta Energy Regulator and the assets have been seamlessly integrated into existing operations.
Active Q1 Capital Program and Drilling Progress
Drilled eight new operated Cardium wells in Ferrier during Q1; 4 of 8 wells (50%) were completed and brought on production near the end of March with strong initial results. The remaining 4 completions were scheduled to start the following week with production expected in late May or early June, demonstrating continued execution of the 2026 capital program and guidance.
Strong Liquids Weighting in New Wells
Initial southern Ferrier wells are liquids-weighted at roughly 60% liquids; the next four wells are expected to start at approximately 40%–50% liquids weighting. Management intends to throttle gas rates to preserve and potentially increase liquids recovery given current gas price dynamics.
Operational Readiness and Future Drilling Optionality
Multiple pads are prepared to accelerate drilling should pricing and road conditions allow; management expects to make decisions on acceleration by the end of the month, indicating readiness to scale activity quickly if market conditions are favorable.
Insider Buying and Management Confidence
Analyst commentary on increasing insider buying noted on the call, signaling internal confidence in the company’s outlook and strategic direction (no specific percentages disclosed).
TSE:PRQ 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:PRQ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | C$1.94 | C$1.94 | 0.00% |
Mar 18, 2026 | C$1.84 | C$1.88 | +2.12% |
Nov 06, 2025 | C$1.67 | C$1.70 | +2.34% |
Aug 07, 2025 | C$1.37 | C$1.40 | +2.05% |
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 Petrus Resources (TSE:PRQ) report earnings?
Petrus Resources (TSE:PRQ) is schdueled to report earning on Aug 12, 2026, TBA (Confirmed).
What is Petrus Resources (TSE:PRQ) earnings time?
Petrus Resources (TSE:PRQ) earnings time is at Aug 12, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is TSE:PRQ EPS forecast?
Currently, no data Available