)
Petrus Resources (PRQ) investor relations material
Petrus Resources Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 production increased 7% year-over-year and sequentially, with oil and condensate up 23% due to new wells.
Cash flow rose 17% year-over-year and funds flow increased 21% to $12.9 million ($0.10/share), driven by higher production, risk management gains, and lower royalties, despite lower realized prices.
Operational and capital efficiencies enabled strong results even as headline oil and gas prices declined.
Net debt decreased 5% from the previous quarter to $64.9 million.
Operating expenses fell 4% year-over-year to $5.86/boe.
Financial highlights
WTI Oil Price averaged $65 per barrel, down 14% year-over-year; AECO Spot natural gas hit a record low of $0.25 per MCF in September, down 8% for the quarter.
Oil and natural gas sales for Q3 2025 were $19.8 million, down from $20.4 million in Q3 2024.
Net income for Q3 2025 was a loss of $2.7 million, compared to a profit of $5.3 million in Q3 2024.
Realized oil price fell 10%, but realized gas price increased 15% year-over-year.
Total price per boe after hedging declined only 2% year-over-year due to better realized prices and a higher-value product mix.
Outlook and guidance
Continued focus on managing volatility through hedging and optimizing product mix to maximize revenue.
Drilling resumed in October with two new wells expected online in Q4.
Full-year capital investment is forecast within the $40–$50 million range, with net debt expected near $60 million.
Annual production is expected to meet guidance of 9,000–10,000 boe/d, and funds flow is projected at $45–$55 million.
For 2026, about 50% of forecasted production is hedged at $2.89/GJ for gas and $87.23/bbl for oil.
Next Petrus Resources earnings date
Next Petrus Resources earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)