Petrus Operating Margin from 2010 to 2026
| PRQ Stock | CAD 1.74 0.01 0.57% |
Check Petrus Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Petrus Resources' main balance sheet or income statement drivers, such as Interest Expense of 4 M, Selling General Administrative of 9 M or Other Operating Expenses of 92 M, as well as many indicators such as Price To Sales Ratio of 2.04, Dividend Yield of 0.0406 or PTB Ratio of 0.66. Petrus financial statements analysis is a perfect complement when working with Petrus Resources Valuation or Volatility modules.
Petrus | Operating Margin |
Evaluating Petrus Resources's Operating Margin across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Petrus Resources's fundamental strength.
Latest Petrus Resources' Operating Margin Growth Pattern
Below is the plot of the Operating Profit Margin of Petrus Resources over the last few years. It is Petrus Resources' Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Petrus Resources' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (0.10) % | 10 Years Trend |
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Operating Profit Margin |
| Timeline |
Petrus Operating Margin Regression Statistics
| Arithmetic Mean | 0.03 | |
| Coefficient Of Variation | 564.07 | |
| Mean Deviation | 0.12 | |
| Median | 0.01 | |
| Standard Deviation | 0.19 | |
| Sample Variance | 0.04 | |
| Range | 0.9602 | |
| R-Value | 0.46 | |
| Mean Square Error | 0.03 | |
| R-Squared | 0.21 | |
| Significance | 0.06 | |
| Slope | 0.02 | |
| Total Sum of Squares | 0.61 |
Petrus Operating Margin History
About Petrus Resources Financial Statements
Petrus Resources investors utilize fundamental indicators, such as Operating Margin, to predict how Petrus Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Petrus Resources Ltd., an energy company, engages in the acquisition, exploration, development, and exploitation of oil and gas development assets in western Canada. It also has an average of 61 percent working interest in the ThorsbyPembina area covering 24,929 net acres of undeveloped land and 47,862 net acres of developed land located in southwest of Edmonton, Alberta and an average of 52 percent working interest in the Foothills area that consists of 35,448 net acres of undeveloped land and 7,647 net acres of developed land located northwest of Rocky Mountain House, Alberta. PETRUS RESOURCES operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 22 people.
Pair Trading with Petrus Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Petrus Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Petrus Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Petrus Stock
| 0.35 | GSTM | Goldstorm Metals Corp Earnings Call This Week | PairCorr |
| 0.34 | BRK | Berkshire Hathaway CDR | PairCorr |
The ability to find closely correlated positions to Petrus Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Petrus Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Petrus Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Petrus Resources to buy it.
The correlation of Petrus Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Petrus Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Petrus Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Petrus Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Petrus Stock
Petrus Resources financial ratios help investors to determine whether Petrus Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Petrus with respect to the benefits of owning Petrus Resources security.