The earnings call highlighted slight increases in cash flow and the resumption of drilling activities despite challenges with low gas prices and production maintenance. The company maintained its dividend payments, indicating financial stability. However, there was a slight decline in production due to maintenance issues.

Company Guidance

During the Q3 2024 earnings call for Petrus Resources, CEO Ken Gray highlighted several key metrics and developments. Despite record low gas prices, the company saw a slight increase in cash flow compared to Q2, attributed to effective hedging strategies and boosted oil production. Production faced a minor decline due to September maintenance at a third-party gas processing facility, but the impact was partially offset by increased third-party processing fees. The company maintained its regular dividend payments throughout the quarter. Additionally, Petrus resumed drilling activities in September, successfully completing two joint interest wells, with completions planned for later in November.

Slight Increase in Cash Flow

Cash flow increased slightly over Q2 despite record low gas prices, due to hedging and increased oil production.

Resumption of Drilling Activities

Drilling resumed in September, with the completion of 2 joint interest wells scheduled for later in November.

Regular Dividend Payments

Continued regular dividend payments during the quarter.

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Petrus Resources (TSE:PRQ) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:PRQ Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 14, 2019	2018 (Q4)	- / 0.41	-1.298	131.66% (+1.71)	―	―
May 06, 2019	2019 (Q1)	- / -0.24	-0.105	-127.62% (-0.13)	―	―
Aug 07, 2019	2019 (Q2)	- / 0.06	-0.2	128.50% (+0.26)	―	―
Nov 13, 2019	2019 (Q3)	- / -0.57	-0.153	-274.51% (-0.42)	―	―
Feb 19, 2020	2019 (Q4)	- / -0.06	0.411	-113.87% (-0.47)	―	―
May 05, 2020	2020 (Q1)	- / -1.69	-0.239	-607.11% (-1.45)	―	―
Aug 12, 2020	2020 (Q2)	- / -0.12	0.057	-317.54% (-0.18)	―	―
Nov 12, 2020	2020 (Q3)	- / -0.07	-0.573	88.31% (+0.51)	―	―
Feb 25, 2021	2020 (Q4)	- / 0.00	-0.057	―	―	―
May 13, 2021	2021 (Q1)	0.01 / -0.06	-1.69	96.63% (+1.63)	―	―

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

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TSE:PRQ Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 06, 2024	C$1.43	C$1.42	-0.70%
Aug 07, 2024	C$1.24	C$1.26	+1.61%
May 08, 2024	C$1.29	C$1.30	+0.78%
Mar 26, 2024	C$1.24	C$1.24	0.00%

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.

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FAQ

When does Petrus Resources (TSE:PRQ) report earnings?

Petrus Resources (TSE:PRQ) is schdueled to report earning on Mar 13, 2025, TBA Not Confirmed.

What is Petrus Resources (TSE:PRQ) earnings time?

Petrus Resources (TSE:PRQ) earnings time is at Mar 13, 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?

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What is TSE:PRQ EPS forecast?

Currently, no data Available

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