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PetroTal Corp. (T:TAL)

Business Focus: Oil & Gas Exploration and Production (NEC)

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
Company Contact
Address: 16200 Park Row #310
HOUSTON TX 77084
Tel: N/A
Website: https://petrotalcorp.com
IR: See website
Key People
Manuel Pablo Zuniga-Pflucker
President, Chief Executive Officer, Corporate Secretary, Director
Camilo McAllister
Chief Financial Officer, Executive Vice President
Jose L. Contreras
Senior Vice President - Operations
Emilio T. Acin Daneri
Vice President - Business Development
   
Business Overview
PetroTal Corp. is an oil and gas development and production company focused on the development of oil assets in Peru. The Company is engaged in the exploration, appraisal and development of oil and natural gas in Peru, South America. Its flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95. Through its two subsidiaries, the Company is engaged in the ongoing development of hydrocarbons in Block 95 with a focus on the development and production from the Bretana oil field. In addition to further leads in Block 95, the Company has significant exploration prospects and leads in Block 107. The Bretana oil field is located in the Maranon Basin of northern Peru. The Company has a 100% working interest in the Bretana oil field. Block 107 has three additional leads, inclusive of the Osheki-Kametza prospect.
Financial Overview
For the three months ended 31 March 2024, Petrotal Corp revenues increased 46% to $91.1M. Net income increased from $17M to $47.6M. Revenues reflect Crude oil revenue segment increase of 47% to $100.6M. Net income benefited from Commodity price derivatives (gain) loss increase from $7.2M (expense) to $11.6M (income), General and administrative - Balancing v decrease of 98% to $18K (expense). Dividend per share totaled to $0.02.
Employees: 119 as of Dec 31, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $636.47M as of Mar 31, 2024
Annual revenue (TTM): $430.98M as of Mar 31, 2024
EBITDA (TTM): $320.66M as of Mar 31, 2024
Net annual income (TTM): $193.06M as of Mar 31, 2024
Free cash flow (TTM): $60.34M as of Mar 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 915,183,468 as of May 24, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization