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PTAL Petrotal Corporation

35.50
-0.10 (-0.28%)
Last Updated: 08:01:48
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Petrotal Corporation LSE:PTAL London Ordinary Share CA71677J1012 COM SHS NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  -0.10 -0.28% 35.50 244,064 08:01:48
Bid Price Offer Price High Price Low Price Open Price
35.00 36.00 35.75 35.50 35.75
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs USD 293.55M USD 110.51M USD 0.1209 5.38 325.42M
Last Trade Time Trade Type Trade Size Trade Price Currency
10:57:12 O 50,000 35.63 GBX

Petrotal (PTAL) Latest News (2)

Petrotal (PTAL) Discussions and Chat

Petrotal (PTAL) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
10:57:1335.6350,00017,815.00O
10:45:2135.634,0001,425.20O
10:27:2435.6850,70618,091.85O
10:23:0035.695,0001,784.50O
10:01:1635.7010.36O

Petrotal (PTAL) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Petrotal Daily Update
Petrotal Corporation is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker PTAL. The last closing price for Petrotal was 35.60p.
Petrotal currently has 914,114,731 shares in issue. The market capitalisation of Petrotal is £594,174,575.
Petrotal has a price to earnings ratio (PE ratio) of 5.38.
This morning PTAL shares opened at 35.75p
Posted at 14/11/2024 13:11 by bozzy_s
Cash $95m -> $133m in the dry-season quarter.

Solid, reliable, huge dividend, growth potential. Very happy to be invested here.

Personally I'd like the buyback to end and that money added to dividends.

Just buying every day at whatever the prevailing price is silly - the price can go down as well as up. In hindsight buying back at 45p, 48p, 50p was a mistake.

Why not at least wait until the share price falls and buy-back more heavily? Or let us shareholders decide for ourselves?
Posted at 12/11/2024 19:35 by spangle93
Hi Kaos

I can't find the answer definitively, but I think DEC refers to WTI benchmark which is usually lower than the Brent price that PTAL uses as its reference.

Can't be certain, but it might answer your observation?
Posted at 06/11/2024 16:08 by tag57
Hopefully if we can beat forecast production shipping levels of 18,500bopd for Q4, by say 1000 bopd, Ptal will be able to offset the lower Brent price, leading to a bump in share price towards 40p+.
Posted at 16/9/2024 14:51 by pughman
Iquitos river level 74 centimetres Sep 15, I'm surprised any oil can be transported. Tough couple of months ahead, this time last year when Q3 was not as strong as this year, share price was 49p and Brent $94. An opportunity presents itself, but it feels like it will go lower.
Posted at 11/9/2024 17:35 by mwj1959
I agree that its not exactly clear "investment management restructuring purposes" actually means.
It's a Blue Harbour Capital not Blue Harbor Capital fund where the shares have been transferred too. A small difference in spelling, but I guess different companies.
Has this been the driver of share price weakness today, given that the oil price has recovered?
Posted at 14/8/2024 11:39 by spangle93
indeed, the barge transportation was a solution when the export pipeline was rendered inoperable. Ar first it was more expensive, but successes e.g. with diluent have meant that the river transport export route is not detrimental.

I still consider it a risk that PTAL's operations are a visible target for any group wishing to be heard, regardless of whether they have the issue with PTAL or someone else (almost always someone else). But the regional levy is a good balancing step.

I hope you are correct about the share price rising with production - I think there should be some increase if/when guidance targets are beaten, and in the meantime, I'm happy follow fozzie's advice ;-) and add for the dividend. I just think it needs more of a catalyst to get it permanently past 50p.
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 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 25/4/2023 06:36 by ashkv
Pipeline back, Production at 21,500 March 2023 average, Brazil export route capacity increased, Zero debt, 10% Dividend Yield and 10% of share capital to be bought back - buybacks imminent...

Share price should be 80p plus!!!!

Share Price : 45.50p
PTAL Current Share Price vs 52 Week low of 34p on 20 Mar 23: 33.82%
PTAL Current Share Price vs 52 Week High of 62.6 on 9 Jun 22: -27.32%
Brent Price : $82.50
Shares Outstanding : 883,800,368
Market Cap GBP : £402,129,167
GBPUSD : 1.25
Market Cap USD : $502,661,459
Debt: $0
Cash (31 Mar 2023) : $71,000,000
Net Cash: $71,000,000
Surplus Balance 31 Dec 22 ($75mn PetroPeru $75mn): $74,000,000
Net Cash + Surplus Balance Estimate (31 Dec 2022): $145,000,000
PTAL Q1 2023 Actual Average Production: 12,193
PTAL 2023 Production Guidance Mid-Point: 14,500
PTAL March 2023 Average Production Sales: 21,500
PTAL 2022 Production : 12,200
Enterprise Value (USD) : $431,661,459
Enterprise Value(USD)(Net Surplus Balance = Including Receivables) $357,661,459
EV/BARREL Q1 2023 Actual Average Production Till 29 Mar 23: $35,402
EV/BARREL 2023 Production Guidance Mid-Point: $29,770
EV/BARREL PTAL March 2023 Average Production Sales: $20,077
EV/BARREL (Net Surplus Balance = Inc Receivables) 2023 Mid-Point Guidance: $24,666
EV/Barrel Full Year 2022 Actual : $35,382
Decommissioning Liabilities (FY 2022 Results): $13,393,000
Dividend Yield - Payable Quarterly (2023): 10.55%
Net Payout Yield (NPY = Div + Buybacks + Tender) : 20.55%
Petrotal share price data is direct from the London Stock Exchange