Yahoo Finance PetroTal Third Quarter 2022 Earnings: EPS: US$0.003 (vs US$0.018 in 3Q 2021)
PetroTal (CVE:TAL) Third Quarter 2022 Results
Key Financial Results
Revenue: US$72.5m (up 72% from 3Q 2021).
Net income: US$2.59m (down 83% from 3Q 2021).
Profit margin: 3.6% (down from 36% in 3Q 2021). The decrease in margin was driven by higher expenses.
EPS: US$0.003 (down from US$0.018 in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
PetroTal Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 1.5% decline forecast for the Oil and Gas industry in Canada.
Performance of the Canadian Oil and Gas industry.
The company's shares are down 2.7% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for PetroTal (1 is a bit concerning!) that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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