The earnings call highlighted some positive achievements in production growth and free cash flow generation. However, significant challenges overshadowed these, including operational issues, equipment failures, delays in the new drilling rig, and financial constraints leading to the suspension of dividends. The overall sentiment is cautious, with efforts focused on preserving liquidity and addressing operational hurdles.
Company Guidance
During the PetroTal Q3 2025 webcast, the company provided guidance indicating that it experienced a 21% increase in production, averaging over 18,400 barrels of oil per day in the third quarter. Despite this, net operating income fell slightly due to normalized operating costs and increased transportation expenses. The company generated over $12 million in free cash flow for the quarter, bringing the year-to-date total to over $87 million. However, PetroTal announced the suspension of its fourth-quarter dividend to preserve liquidity amid declining production and a weak oil price outlook. The company aims to enhance water handling capacity from 170,000 to 240,000 barrels per day to accommodate 10,000 barrels of fluid per well, which is critical for future organic production growth. Additionally, PetroTal plans to finalize its 2026 budget by January, where further cost-cutting measures, including substantial reductions in operating expenses and general and administrative costs, will be outlined.
Increase in Production
Production averaged over 18,400 barrels of oil per day in the third quarter, which is a 21% increase over the same period last year.
Free Cash Flow Generation
The company generated just over $12 million in free cash flow during the third quarter, bringing year-to-date free cash flow to more than $87 million.
PetroTal Corp (TSE:TAL) 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
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:TAL Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 13, 2025
C$0.67
C$0.45
-32.84%
Aug 07, 2025
C$0.71
C$0.68
-4.23%
May 12, 2025
C$0.53
C$0.55
+3.77%
Mar 20, 2025
C$0.65
C$0.65
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.
FAQ
When does PetroTal Corp (TSE:TAL) report earnings?
PetroTal Corp (TSE:TAL) is schdueled to report earning on Mar 19, 2026, TBA (Confirmed).
What is PetroTal Corp (TSE:TAL) earnings time?
PetroTal Corp (TSE:TAL) earnings time is at Mar 19, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.