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PetroTal Corp (TSE:TAL)
TSX:TAL
Earnings Data
Report Date
Aug 21, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.04Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 12, 2025
|% Change Since: 5.26%
|Next Earnings Date:Aug 21, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive developments such as increased production and successful financial agreements, alongside challenges like declining oil prices and operational setbacks. The company demonstrated resilience and strategic planning to mitigate adverse conditions.Company Guidance
In the Q1 2025 results webcast, PetroTal provided detailed guidance on various financial and operational metrics. The company's production has averaged over 23,000 barrels per day so far in 2025, with an unchanged annual production target of 21,000 to 23,000 barrels per day. The company expects its EBITDA to fall below the initially guided $245 million due to declining Brent oil prices, currently in the low $60s per barrel range. Despite these challenges, PetroTal produced approximately 2.8 million barrels by April 30, 2025, a 25% increase from the previous year. The company secured a $65 million credit facility to finance its erosion control project, benefiting from advantageous loan terms, including a four-year repayment schedule and an 8.65% interest rate. PetroTal also reported a flat EBITDA of $72 million for Q1, despite lower oil prices, supported by increased production and reduced erosion control expenses. The company maintains flexibility in its drilling program, planning to drill two wells at the Los Angeles field later this year.Increased Production Volumes
Q1 production volumes were 26% higher than the same period last year and 22% higher than the prior quarter.
Strong Free Cash Flow
PetroTal generated over $48 million in free funds flow in the first quarter, marking the second highest quarterly free cash flow since inception.
New Term Loan Agreement
Secured a $65 million credit facility with two Peruvian banks to finance the erosion control project over the next 12 to 18 months.
Record Production Pace
Produced approximately 2.8 million barrels by April 30, 2025, which is 25% ahead of last year's pace, setting up for a full-year target of around 8 million barrels.
TSE:TAL 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:TAL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2025 | C$0.57 | C$0.59 | +3.51% |
Mar 20, 2025 | C$0.69 | C$0.69 | 0.00% |
Nov 14, 2024 | C$0.61 | C$0.59 | -3.28% |
Aug 08, 2024 | C$0.62 | C$0.63 | +1.61% |
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 Aug 21, 2025, TBA Not Confirmed.
What is PetroTal Corp (TSE:TAL) earnings time?
PetroTal Corp (TSE:TAL) earnings time is at Aug 21, 2025, TBA Not Confirmed.
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What is TSE:TAL EPS forecast?
Currently, no data Available