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PETROTAL CORP ORD - PTALF STOCK NEWS

Welcome to our dedicated page for PETROTAL ORD news (Ticker: PTALF), a resource for investors and traders seeking the latest updates and insights on PETROTAL ORD stock.

PETROTAL CORP ORD (PTALF) is a publicly traded oil and gas development and production company located in Calgary, Alberta. With a strong focus on developing oil assets in Peru, PetroTal's flagship asset is the Bretana oil field in Peru's Block 95. The company has experienced significant growth, achieving a 20% average daily production increase in 2023 and a 17% return on capital employed. PetroTal's 2024 budget includes plans for continued growth, operational improvements, and stable return of capital program.

Rhea-AI Summary
PetroTal Corp. issues 752,833 Common Shares to employees under the PSU plan. Directors and officers receive significant share allocations. Application for trading on AIM expected on October 2, 2023.
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PetroTal Corp. announces dividend payment confirmation of $23 million representing US$0.025/share, equating to a 4.3% quarterly yield. Buybacks have resumed with 3,886,822 shares repurchased worth approximately $2.3 million. Production in July and August averaged 11,552 bopd and 12,651 bopd respectively. Management to present at upcoming conferences.
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PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) reports record Q2 2023 production and sales, with a 56% and 46% growth over Q1 2023, respectively. The company achieved a strong cash position, generated significant EBITDA and Free Funds Flow, and declared a cash dividend of US$0.025 per common share for Q3 2023.
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PetroTal Corp. announces the approval of bylaws governing the 2.5% Block 95 community social trust fund. The redistribution of the Canon to Loreto is expected to increase by approximately six times, benefiting the Puinahua Municipality and the local population.
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FAQ

What is the current stock price of PETROTAL ORD (PTALF)?

The current stock price of PETROTAL ORD (PTALF) is $0.37802 as of December 20, 2024.

What is the market cap of PETROTAL ORD (PTALF)?

The market cap of PETROTAL ORD (PTALF) is approximately 394.4M.

Where is PETROTAL CORP ORD headquartered?

PETROTAL CORP ORD is headquartered in Calgary, Alberta.

What is PETROTAL CORP ORD's flagship asset?

PETROTAL CORP ORD's flagship asset is the Bretana oil field in Peru's Block 95.

What was the production growth rate achieved by PETROTAL CORP ORD in 2023?

PETROTAL CORP ORD achieved a 20% average daily production increase in 2023.

What is PETROTAL CORP ORD's 2024 budget focused on?

PETROTAL CORP ORD's 2024 budget includes plans for continued growth, operational improvements, and stable return of capital program.

What is the return on capital employed for PETROTAL CORP ORD in 2023?

In 2023, PETROTAL CORP ORD achieved a 17% return on capital employed.

PETROTAL CORP ORD

OTC:PTALF

PTALF Rankings

PTALF Stock Data

394.36M
38.69M
24.38%
13.9%
Oil & Gas E&P
Energy
Link
United States of America
Houston