Petrel Resources Stock

Petrel Resources P/E 2024

Petrel Resources P/E

-5.64

Ticker

PET.L

ISIN

IE0001340177

WKN

694395

As of Nov 16, 2024, Petrel Resources's P/E ratio was -5.64, a -66.33% change from the -16.75 P/E ratio recorded in the previous year.

The Petrel Resources P/E history

Petrel Resources Aktienanalyse

What does Petrel Resources do?

Petrel Resources PLC is a British company specializing in the oil and gas industry. The company was founded in Dublin, Ireland, in 1982 and has been listed on the London Stock Exchange since 1989. Since its inception, Petrel Resources PLC has had an impressive track record in exploring and developing oil and gas fields worldwide. The company's business model focuses on exploring and developing oil and gas fields in various geographic regions. Petrel Resources PLC is a "full lifecycle" petroleum company, involved in the discovery and development of resources, as well as the production, processing, and distribution of oil and gas as end products. Petrel Resources PLC operates in various geographic regions, including the Middle East, North Africa, and Ireland. The company specializes in the exploration and development of oil and gas fields in countries such as Iraq, Morocco, and Ireland. In these regions, the company has a significant presence and has successfully identified and developed oil and gas fields. The company offers various products and services related to the exploration and development of oil and gas fields. This includes the exploration and mapping of geological formations, drilling operations, hydraulic stimulation of resources (fracking), and the development of transportation and processing infrastructure for oil and gas products. Petrel Resources PLC has also developed its own oil and gas fields, which are operated and marketed by the company. Petrel Resources PLC has various divisions within its business, including exploration of oil and gas fields, development of production facilities, and creation of transportation and distribution channels for oil and gas products. The company also has expertise in science and technology, such as geology and geophysics, as well as in the politics and administration of oil and gas fields and their production and marketing. The company has achieved some significant milestones in the past, including the discovery of oil and gas fields in Morocco and Ireland. Petrel Resources PLC has also successfully established partnerships with other companies to jointly advance the development of oil and gas fields. Overall, Petrel Resources PLC is a successful player in the global oil and gas industry, specializing in the exploration and development of resources in various regions. The company offers a variety of products and services related to the development and production of oil and gas products and has achieved important successes in the past. Petrel Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Petrel Resources's P/E Ratio

The Price to Earnings (P/E) Ratio of Petrel Resources is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Petrel Resources's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Petrel Resources is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Petrel Resources’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Petrel Resources stock

What is the price-to-earnings ratio of Petrel Resources?

The price-earnings ratio of Petrel Resources is currently -5.64.

How has the price-earnings ratio of Petrel Resources changed compared to last year?

The price-to-earnings ratio of Petrel Resources has increased by -66.33% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Petrel Resources high compared to other companies?

Yes, the price-to-earnings ratio of Petrel Resources is high compared to other companies.

How does an increase in the price-earnings ratio of Petrel Resources affect the company?

An increase in the price-earnings ratio of Petrel Resources would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Petrel Resources affect the company?

A decrease in the price-earnings ratio of Petrel Resources would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Petrel Resources?

Some factors that influence the price-earnings ratio of Petrel Resources are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Petrel Resources pay?

Over the past 12 months, Petrel Resources paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Petrel Resources is expected to pay a dividend of 0 EUR.

What is the dividend yield of Petrel Resources?

The current dividend yield of Petrel Resources is .

When does Petrel Resources pay dividends?

Petrel Resources pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Petrel Resources?

Petrel Resources paid dividends every year for the past 0 years.

What is the dividend of Petrel Resources?

For the upcoming 12 months, dividends amounting to 0 EUR are expected. This corresponds to a dividend yield of 0 %.

In which sector is Petrel Resources located?

Petrel Resources is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Petrel Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Petrel Resources from 11/16/2024 amounting to 0 EUR, you needed to have the stock in your portfolio before the ex-date on 11/16/2024.

When did Petrel Resources pay the last dividend?

The last dividend was paid out on 11/16/2024.

What was the dividend of Petrel Resources in the year 2023?

In the year 2023, Petrel Resources distributed 0 EUR as dividends.

In which currency does Petrel Resources pay out the dividend?

The dividends of Petrel Resources are distributed in EUR.

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Andere Kennzahlen von Petrel Resources

Our stock analysis for Petrel Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Petrel Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.