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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Petrotal Corporation | PTAL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 48.30 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 48.30 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 16/4/2024 13:24 by royalalbert Link to PTAL website,Presentations, Operations, News, Link to Perupetro production figures for all producers, please note these can deviate from PTAL figures due to sales points and oil storage at PTAL site. Trading economics brent oil price, River Levels at Iquitos, these are the guidelines I believe for the graph, The 3 bands at the top are alert levels for flooding Yellow Orange and Red. The dotted line is average, the brown line low for the time of year, the blue high for the time of year. Black level now. |
Posted at 15/3/2024 09:44 by stemis What is the benefit of an NR-301? Do you pay a reduced withholding tax? I hold my shares in interactive investor and haven't been asked to complete one. |
Posted at 05/3/2024 22:57 by tag57 RA maybe Ptal just needs to show it can maintain its divi over a period of time to start to pull in new investors. The geopolitical risk probably puts some people off too.At under 45p I see the Ptal share price as a great opportunity to get a great yield with plenty of potential for this to grow, but then I am happy to take the risk vs reward on this too. Each to their own I suppose. |
Posted at 23/1/2024 16:16 by pughman The erosion cost issue for 24/25 has irked investors. The dividend/buyback is funded at an oil price of $62. |
Posted at 22/1/2024 12:47 by ashkv I own PTAL and not pleased with the massive increase in expenses, tremendous Capex, community payments, 4mn for IT, Recent RNS that Petrotal have hired ex-Founder to replace a salaried position on a contract basis etc...Gravy train.. bare bones for investors considering production and country risk... Alex Stahel on Twitter used to point out that massive Petrotal barge/transportation costs seems overly inflated/fishy... and here when fuel costs ARE DOWN -> TRANSPORT COSTS ARE INCREASING... Share Price : 48.00p PTAL Share Price vs 52 Week low of 34p on 20 Mar 23: 41.18% PTAL Share Price vs 52 Week High of 50.5p on 21 Nov 23 -4.95% Brent Price : $78.50 Shares Outstanding : 919,273,461 Market Cap GBP : £441,251,261 GBPUSD : 1.27 Market Cap USD : $560,389,102 Debt: $0 Cash (31 Dec 2023) : $111,000,000 Net Cash: $111,000,000 Surplus Balance 31 Dec 23: $2,000,000 Net Cash + Surplus Balance Estimate: $113,000,000 PTAL Q4 2023 Actual Average Production: 14,865 PTAL 2024 Production Guidance Mid-Point [16,500 to 17,500]: 17,000 PTAL 2023 Average Production: 14,248 Oct 2023 Production Capacity (22K Boed): 22,000 Enterprise Value (USD) : $449,389,102 Enterprise Value(USD)(Net Surplus Balance = Including Receivables) $447,389,102 EV/BARREL Q4 2023 Actual Average Production: $30,231 EV/BARREL 2024 Mid-Point Production Guidance: $26,435 EV/BARREL 2023 Average Production: $31,541 EV/BARREL (Net Surplus Balance = Inc Receivables) 2023 Mid-Point Guidance: $26,317 EV/Barrel Full Year Oct 2023 Production Capacity (22K Boed) : $20,427 Decommissioning Liabilities (FY 2022 Results): $13,393,000 Dividend Yield - Payable Quarterly (2024): 9.84% 2024 Net Payout Yield (NPY = Div + Buybacks + Tender) : 11.98% |
Posted at 06/1/2024 11:12 by ashkv Happy New Year Fellow PTAL Investors :)In 2024 May The Force Be With US / PTAL Share Price!!! A request - researching a reliable and timely website to ascertain Amazon Water Levels in Peru. Any insight / guidance on a reliable source would be most welcome :) Thank you |
Posted at 01/9/2023 11:44 by wolf39 would think partly to do with recent ex div date passing + maybe some investors thinking current production is going to be like this for rest of the year? |
Posted at 15/6/2023 10:22 by mrscruff bradvert, well then II employee is incorrect. The dividend should be in your account today for you to confirm that this tax has been paid. I wish you had been correct as that would have been awesome. Buybacks are the way to avoid this international tax and is why the majors are doing this and the others are following. Over 50% close to 70% of profit/cash from O&G need to be returned to share holders as this is what investors demand after so much pain and a big chunk of that will be buybacks. PTAL is extremely well positioned for this.Just to add, I believe if PTAL had an office and an project in the UK like I3E then we would not need to pay the TAX. Anyway, we'll be be back to 44p and upwards. |
Posted at 14/9/2022 17:41 by mount teide As winter approaches, Wall Street is finally waking up to just how cheap traditional energy stocks still are, despite a very strong performance YTD in 2022, the tight supply and growing demand market dynamic is what will continue to drive pricing for the foreseeable future.Wall Street Is Increasingly Bullish On Energy Stocks - Oilprice.com today * Bloomberg survey: Equity strategists, portfolio managers, and retail investors have grown increasingly bullish on energy stocks. * A shortage of critical fuels such as natural gas and diesel could boost the stocks and bonds of energy companies as they have the ability to invest in more oil and gas supply. * Bloomberg survey: natural gas to be the most constrained commodity in the short term. Oil and gas stocks, the top performing equities in the S&P 500 index so far this year, have further room to rise as both retail and portfolio investors look to boost their exposure to traditional energy, expecting a worsening of the energy crisis and shortages of fuel this winter. Despite the market anxiety that soaring energy prices will continue to increase their upward pressure on inflation and central banks will continue to try to tackle said inflation with continuous large interest rate hikes, the energy space looks attractive to investors right now as Europe scrambles for energy supply. Investors Look To Boost Exposure To Energy Stocks Equity strategists, portfolio managers, and retail investors have grown increasingly bullish on energy stocks, the latest Bloomberg MLIV Pulse survey carried out last week shows. The poll of 814 respondents—in In addition, nearly three-quarters— “I definitely want to remain invested in energy stocks because of massive supply constraints,” Chris Wood, global head of equity strategy at Jefferies, told Bloomberg TV in an interview. Energy Supply Constraints Despite falling oil prices over the past few weeks due to recession fears, supply out of Russia could be squeezed in December when the EU ban on Russian seaborne oil imports kicks in, resulting in a tighter market despite potentially slowing demand growth. The G7-spearheaded price cap on Russian oil, and a possible cap on Russian gas prices in the EU, could further complicate energy supply to the most developed economies in the world if Putin follows through with his threat to stop supplying all energy products to Europe if the EU and its Western allies imposed price caps on Russian oil and natural gas. A shortage of critical fuels such as natural gas and diesel could boost the stocks and bonds of energy companies as they have the ability to invest in more oil and gas supply. Years of underinvestment in the oil and gas sector has come back to haunt global energy supply, according to Jeff Currie, Global Head of Commodities Research at Goldman Sachs, which has been bullish on oil all year. “The only way you’re solving the energy problem in the long run is through investment – and oil companies are the conduit for the capex to solve the problem,” Currie has told Bloomberg. In natural gas, the Russian cut-off of all supply via Nord Stream to Germany makes a bullish case for energy companies producing and/or trading and selling LNG on the spot market, including supermajors such as Shell, TotalEnergies, or BP. Respondents in the Bloomberg MLIV Pulse survey expect natural gas to be the most constrained commodity in the short term. Most of those also believe that OPEC+ will not let oil prices fall too low and would intervene with a production cut on the market if a recession saps oil demand. Moreover, nearly half—or 44%—of respondents say the current price of oil doesn’t adequately reflect actual supply and demand. Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, last month pointed to the “disconnect Energy: Top Performer And Outlier In Falling Equity Market 'The expected energy supply constraints this winter aren’t the only factors in attracting more investors in oil and gas stocks and bonds. Despite the fact that it has significantly outperformed the S&P 500 this year, the energy sector has further room to rise. Energy stocks are still much cheaper than other sectors based on forward-year price-to-earnings (P/E) ratios, analysts say. Year to date, the energy sector has been the top performing sector in the S&P 500 index, according to market data compiled by Yardeni Research. The energy sector in the S&P 500 had gained 47.4 percent year to date to September 12. In comparison, S&P 500 is down 13.8 percent, and all other sectors except for utilities have also lost ground since January. Within the energy sector, the integrated oil and gas subsector has surged by 53.7 percent, and the oil and gas exploration & production subsector has jumped by 52.4 percent amid tight supply, soaring commodity prices, and expected energy shortages and rationing in Europe this winter. Even some ESG-focused funds are not immediately casting aside oil and gas stocks, as years of underinvestment in new supply, the energy crisis, and the Russian invasion of Ukraine have thrown into sharp relief energy security and affordability. Recent analyses have suggested that some ESG funds now include traditional energy stocks in their portfolios—an unimaginable thing just two years ago.' |
Posted at 28/5/2022 22:27 by mount teide Out of Spare Capacity - Goehring & Rozencwajg - Natural Resource Market Commentary - May 18th 2022'Between 2010 and 2020 the world grew accustomed to cheap, abundant conventional energy. Global energy markets were so well supplied for so long that neither investors nor consumers gave energy markets much thought. We were one of the few warning that an impending energy shortage and crisis would emerge in the next several years. The calm of the past decade has been turned upside down seemingly overnight. Conventional wisdom holds that today’s energy shortage is the result of Russia’s invasion of Ukraine; however, we strongly believe this is incorrect. While Russia’s invasion has made the energy shortage much worse in the short term, the underlying problems have been building for many years and cannot be easily remedied. Our biggest short term problem is that we are now running out of spare oil pumping capacity. In every prior energy shortage, including the dual oil crises of the 1970s and the rally of 2008, OPEC maintained ample spare capacity that could quickly be brought online. In past letters, we explained why the second half of 2022 would mark the first time in history that global demand bumped up against total pumping capacity. As we begin to run out of spare capacity, we are only starting to see what that world looks like and, unfortunately, investors still do not appreciate the huge impact this will have. Energy related equities have now significantly outperformed the general stock market over the last two years and yet, investor interest remains extremely low. As far as we can tell, few investors have repositioned their portfolios at all. The current energy crisis will not be solved until capital comes back into the industry in significant quantities. Normally high commodity prices and improved profitability help attract capital, but ESG pressures are keeping that from happening. E&P capital budgets are indeed up 25% compared with the 2021 lows, however they remain 60% below the trendline. Moreover, we are hearing that most of the increase is not the result of increased activity but rather represents cost inflation as bottlenecks have now developed in key equipment, steel, and labour. Energy related IPOs and secondary offerings totaled a mere $1.8bn over the past six months, 80% below the $10bn average between 2010 and 2017 and 90% below the $22bn peak in 2016. Capital remains unavailable even though oil and gas prices are high and even energy hostile politicians are now calling for more upstream investment. Investor interest in the energy sectors also continues to be extremely low. Between January 2021 and today, the XOP (the largest ETF of E&P stocks) has advanced by 120% and yet, over that period, the shares outstanding have actually decreased....investo Even with the huge releases of oil from Strategic Petroleum Reserve, oil prices have hardly pulled back. Global inventories, now at record lows, continue to draw counter-seasonally and are reaching dangerously low levels. Even with all the dislocations caused by the Ukrainian conflict and COVID problems in China, global oil demand in Q4/2022 will approach global pumping capability according to our modelling. Strong demand, declining production, record low inventories, and now no spare pumping capacity, are the factors that will push oil prices higher in the second half of 2022. Even in the face of all these factors, investor interest in energy markets remains incredibly subdued. The advances we have seen to date have basically been short covering and active managers buying on the margin. Once investors and institutions realise the energy market has fundamentally changed and the decade of cheap, abundant energy is over, the amount of capital that rushes into this sector could be huge. The global energy crisis has just started, and it will take many years to fix. For those that make investments today, the rewards could be immense.' |
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