Petrotal Share Discussion Threads

[thommie] 31/1/2025 15:48

January will be a new production record. Nearly 23000 bopd offtake from Bretaña alone!

[tag57] 29/1/2025 07:07

Is there always one?

[taurusthebear] 29/1/2025 01:35

Why not wait for double bottom?

[hiddendepths] 28/1/2025 14:28

Seems oddly overlooked now. I'm with malcy on this one! Thinking of topping up at this level.

[arlington chetwynd talbott] 24/1/2025 11:18

I think PTAL has more depth than that. Country risk aside, it is not really a punt these days.

[royalalbert] 22/1/2025 20:03

Nice interview with some interesting insights,

[pughman] 22/1/2025 01:47

This share is a punt on the CEO. If he is as good as I think he is, shareholders will be richly rewarded.

[bozzy_s] 21/1/2025 23:02

Seller back on the UK market? Seems odd that the share price is different between the two listings.

And why are PTAL (or their broker) buying back both on LSE and at a higher price on the TSX? Why not use all their budget on the cheaper LSE share instead (could even resell them on TSX for a profit!)

London 39.00p - 40.00p sell/buy

Toronto 40.70p - 41.27p sell/buy

[royalalbert] 21/1/2025 13:32

H7 not actually a bad way of putting it.

[hasse7] 21/1/2025 13:23

New presentaion up today with some fixes. They kept the matrix as is, but added in text that it includes 55M in dividend and 2M in buybacks.

[bozzy_s] 17/1/2025 21:24

He's a lucky Pflucker!

I'd be more unhappy if he just sold the freebie shares, or if cash was paid instead of shares. At least it aligns the board with us shareholders.

Huge finish in Canada. Closing spread of 42p / 43.75p equivalent.

[royalalbert] 17/1/2025 20:59

These PSU's do niggle me, over 5m issued, waste of time having buybacks.

This really is the only blot on a good company.

Also putting it out at 6.20pm on a Friday doesn't sit well.

[bozzy_s] 16/1/2025 19:57

Fantastic update and guidance. I hold my hands up to trying to trade a few of these - sold about 1/4 of my position at 39.88 hoping to buy back at 3% - 5% cheaper in the near future.

Today's update has scuppered that, and I bought back at 39.94.

Looks like another little mistake picked up on this BB, following the incorrect ex-div date RNS. I wonder if it's the same person responsible for both? If so, definitely need to get them some extra training, double-check details before publishing something.

[royalalbert] 16/1/2025 16:05

H7 thanks for that, perhaps company could employ a proof reader.

[hasse7] 16/1/2025 14:07

Will be a new pres out by Monday with correct matrix and some other minor fixes.

Atlest it will be correct for London week

[king suarez] 16/1/2025 09:54

"Looks like an error, looks like they have included the dividend as in subtracted 55M from every post."

Yes, the guidance per RNS today is $60m of free 'funds flow' @ $75 Brent and 22k bopd.

[kaos3] 16/1/2025 09:27

interesting detail

zeus uses long term 65 usd/bbl brent price

zeus 70 usd/bbl and the company 75 USD/bbl for their 2025 calcs

so much for the exact relevance of the numbers.

but combined give a clear picture

[hasse7] 16/1/2025 09:14

Looks like an error, looks like they have included the dividend as in subtracted 55M from every post.

A mail have been sent, I will update

[tag57] 16/1/2025 08:55

S93 - I agree that there isnt much cash headroom but management is also being pretty conservative in their forecast over the dry season and potentially the oil price used.
Fingers crossed both are beaten as would like some extra divi ;-)

[royalalbert] 16/1/2025 08:45

S93 looking at that myself, is that correct I thought.

[spangle93] 16/1/2025 08:40

Slide 37 is a wee bit concerning - appears there's not much wiggle room in rate achieved or oil price in their FCF delivery?

Also, I can't really see the point of the share buybacks, unless to try to create a stable market. The $0.2MM/month is only 420k shares at current price. I'm sure there are posters here with more than that

[royalalbert] 16/1/2025 08:31

MT good bit of trading, always keep a core holding myself as divi very appealling, trade a miniscule amount around the edges.

Upwego second that statement by you.

[spangle93] 16/1/2025 08:31

January presentation

[this_is_me] 16/1/2025 08:22

I bought smore this morning; that is my second top up this year.

[upwego] 16/1/2025 07:54

Well that`s a very nice update and clear 24% increase in production for 2025 and buy backs throughout the year with monthly spend and divi`s of 13%

Very nice indeed. I like it :)