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PetroShale Inc is currently in a long term uptrend where the price is trading 73.8% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.3.
PetroShale Inc's total revenue sank by 38.5% to $37M since the same quarter in the previous year.
Its net income has dropped by 229.2% to $-12M since the same quarter in the previous year.
Finally, its free cash flow grew by 134.3% to $11M since the same quarter in the previous year.
Based on the above factors, PetroShale Inc gets an overall score of 3/5.
| Industry | Oil, Gas & Consumable Fuels |
|---|---|
| Sector | Energy |
| ISIN | CA54947L1067 |
| CurrencyCode | CAD |
| Exchange | V |
| Beta | 2.42 |
|---|---|
| Dividend Yield | 0.0% |
| Target Price | 1.34 |
| PE Ratio | 7.28 |
| Market Cap | 442M |
PetroShale Inc., an independent oil company, engages in the acquisition, development, and production of oil-weighted assets primarily in the Bakken and Three Forks formations in the Williston Basin area of North Dakota. It holds interests in the Middle Bakken and Three Forks Benches One, Two, Three, and Four formations, as well as Pronghorn/Sanish and Lodgepole areas. As of December 31, 2021, the company had approximately 72.0 million barrels of oil equivalent of total proved plus probable reserves. PetroShale Inc. was founded in 1994 and is based in Calgary, Canada.
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