Petrus Resources Stock Shares Outstanding

PRQ Stock  CAD 1.39  0.03  2.11%   
Petrus Resources fundamentals help investors to digest information that contributes to Petrus Resources' financial success or failures. It also enables traders to predict the movement of Petrus Stock. The fundamental analysis module provides a way to measure Petrus Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Petrus Resources stock.
As of the 27th of November 2024, Common Stock Shares Outstanding is likely to grow to about 132.8 M.
  
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Petrus Resources Company Shares Outstanding Analysis

Petrus Resources' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

 = 

Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Petrus Resources Shares Outstanding

    
  124.37 M  
Most of Petrus Resources' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Petrus Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Petrus Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for Petrus Resources is extremely important. It helps to project a fair market value of Petrus Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Petrus Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Petrus Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Petrus Resources' interrelated accounts and indicators.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Petrus Common Stock Shares Outstanding

Common Stock Shares Outstanding

132.76 Million

At this time, Petrus Resources' Common Stock Shares Outstanding is very stable compared to the past year.
Based on the latest financial disclosure, Petrus Resources has 124.37 M of shares currently outstending. This is 93.14% lower than that of the Oil, Gas & Consumable Fuels sector and 85.22% lower than that of the Energy industry. The shares outstanding for all Canada stocks is 78.25% higher than that of the company.

Petrus Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Petrus Resources' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Petrus Resources could also be used in its relative valuation, which is a method of valuing Petrus Resources by comparing valuation metrics of similar companies.
Petrus Resources is currently under evaluation in shares outstanding category among its peers.

Petrus Resources Current Valuation Drivers

We derive many important indicators used in calculating different scores of Petrus Resources from analyzing Petrus Resources' financial statements. These drivers represent accounts that assess Petrus Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Petrus Resources' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap27.0M14.0M11.4M57.7M51.9M54.2M
Enterprise Value158.7M141.9M241.6M111.3M100.1M86.6M

Petrus Fundamentals

About Petrus Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Petrus Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Petrus Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Petrus Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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.