Petrel Resources Net Assets
Petrel Resources net assets. Based on the latest financial reports, Petrel Resources (PET) has net assets worth GBX-1.04 Million GBX (≈ $-126.62 USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX289.57K ≈ $35.23 USD) and total liabilities (GBX1.33 Million ≈ $161.85 USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore net asset growth rate of Petrel Resources to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX-1.04 Million |
| % of Total Assets | -359.38% |
| Annual Growth Rate | N/A |
| 5-Year Change | -405.27% |
| 10-Year Change | -112.21% |
| Growth Volatility | 80.79 |
Net Assets of Petrel Resources (1997–2025)
Net assets of Petrel Resources from 1997 to 2025. This chart illustrates how Petrel Resources's net assets have evolved over time, based on quarterly financial data. See PET net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Petrel Resources (1997–2025)
The table below shows the annual net assets of Petrel Resources from 1997 to 2025. For live market cap and overall valuation, see market cap of Petrel Resources.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX-818.87K ≈ $-99.63 |
-38.67% |
| 2024-12-31 | GBX-590.53K ≈ $-71.85 |
-160.18% |
| 2023-12-31 | GBX-226.97K ≈ $-27.62 |
-193.27% |
| 2022-12-31 | GBX243.36K ≈ $29.61 |
-9.28% |
| 2021-12-31 | GBX268.24K ≈ $32.64 |
-54.56% |
| 2020-12-31 | GBX590.32K ≈ $71.82 |
-22.32% |
| 2019-12-31 | GBX759.90K ≈ $92.46 |
-66.64% |
| 2018-12-31 | GBX2.28 Million ≈ $277.19 |
+14.28% |
| 2017-12-31 | GBX1.99 Million ≈ $242.56 |
-70.28% |
| 2016-12-31 | GBX6.71 Million ≈ $816.12 |
-2.75% |
| 2015-12-31 | GBX6.90 Million ≈ $839.20 |
+1.15% |
| 2014-12-31 | GBX6.82 Million ≈ $829.64 |
-26.50% |
| 2013-12-31 | GBX9.28 Million ≈ $1.13K |
+52.68% |
| 2012-12-31 | GBX6.08 Million ≈ $739.30 |
-8.67% |
| 2011-12-31 | GBX6.65 Million ≈ $809.46 |
-4.32% |
| 2010-12-31 | GBX6.95 Million ≈ $846.05 |
-9.20% |
| 2009-12-31 | GBX7.66 Million ≈ $931.80 |
-36.41% |
| 2008-12-31 | GBX12.04 Million ≈ $1.47K |
-6.95% |
| 2007-12-31 | GBX12.94 Million ≈ $1.57K |
+76.24% |
| 2006-12-31 | GBX7.34 Million ≈ $893.52 |
+5.40% |
| 2005-12-31 | GBX6.97 Million ≈ $847.72 |
+230.36% |
| 2004-12-31 | GBX2.11 Million ≈ $256.61 |
-4.22% |
| 2003-12-31 | GBX2.20 Million ≈ $267.91 |
+127.45% |
| 2002-12-31 | GBX968.08K ≈ $117.79 |
+51.86% |
| 2001-12-31 | GBX637.49K ≈ $77.56 |
-30.44% |
| 2000-12-31 | GBX916.47K ≈ $111.51 |
+180.82% |
| 1999-12-31 | GBX326.35K ≈ $39.71 |
-28.39% |
| 1998-12-31 | GBX455.73K ≈ $55.45 |
-48.95% |
| 1997-12-31 | GBX892.68K ≈ $108.61 |
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Equity Component Analysis
This analysis shows how different components contribute to Petrel Resources's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2528466788.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Petrel Resources Net Assets Breakdown (December 2025)
Petrel Resources net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX2.60 Million | % |
| Other Comprehensive Income | GBX217.30K | % |
| Other Components | GBX21.89 Million | % |
| Total Equity | GBX-818.87K | 100.00% |
Petrel Resources Competitors by Market Cap
The table below lists competitors of Petrel Resources ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jarvis Securities
LSE:JIM
|
$20.41K |
|
Northcoders Group PLC
LSE:CODE
|
$20.47K |
|
Iep Invest
BR:IEP
|
$20.59K |
|
Feedback PLC
LSE:FDBK
|
$20.79K |
|
Bruush Oral Care Inc.
NASDAQ:BRSHF
|
$20.19K |
|
Mobile Tornado Group plc
LSE:MBT
|
$20.03K |
|
Silver Bullet Data Services Group PLC
LSE:SBDS
|
$20.01K |
|
Minoan Group
LSE:MIN
|
$19.79K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Petrel Resources's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -590,533 to -818,867, a change of -228,334.
- Net loss of 490,003 reduced equity.
- New share issuances of 298,550 increased equity.
- Other comprehensive income increased equity by 15,636.
- Other factors decreased equity by 52,517.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-490.00K | -59.84% |
| Share Issuances | GBX298.55K | +36.46% |
| Other Comprehensive Income | GBX15.64K | +1.91% |
| Other Changes | GBX-52.52K | -6.41% |
| Total Change | GBX- | % |
Book Value vs Market Value Analysis
This analysis compares Petrel Resources's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | GBX0.02 | GBX0.80 | x |
| 1998-12-31 | GBX0.01 | GBX0.80 | x |
| 1999-12-31 | GBX0.01 | GBX0.80 | x |
| 2000-12-31 | GBX0.02 | GBX0.80 | x |
| 2001-12-31 | GBX0.02 | GBX0.80 | x |
| 2002-12-31 | GBX0.02 | GBX0.80 | x |
| 2003-12-31 | GBX0.04 | GBX0.80 | x |
| 2004-12-31 | GBX0.04 | GBX0.80 | x |
| 2005-12-31 | GBX0.11 | GBX0.80 | x |
| 2006-12-31 | GBX0.11 | GBX0.80 | x |
| 2007-12-31 | GBX0.19 | GBX0.80 | x |
| 2008-12-31 | GBX0.17 | GBX0.80 | x |
| 2009-12-31 | GBX0.10 | GBX0.80 | x |
| 2010-12-31 | GBX0.09 | GBX0.80 | x |
| 2011-12-31 | GBX0.09 | GBX0.80 | x |
| 2012-12-31 | GBX0.08 | GBX0.80 | x |
| 2013-12-31 | GBX0.11 | GBX0.80 | x |
| 2014-12-31 | GBX0.07 | GBX0.80 | x |
| 2015-12-31 | GBX0.07 | GBX0.80 | x |
| 2016-12-31 | GBX0.07 | GBX0.80 | x |
| 2017-12-31 | GBX0.02 | GBX0.80 | x |
| 2018-12-31 | GBX0.03 | GBX0.80 | x |
| 2019-12-31 | GBX0.01 | GBX0.80 | x |
| 2020-12-31 | GBX0.00 | GBX0.80 | x |
| 2021-12-31 | GBX0.00 | GBX0.80 | x |
| 2022-12-31 | GBX0.00 | GBX0.80 | x |
| 2023-12-31 | GBX0.00 | GBX0.80 | x |
| 2024-12-31 | GBX0.00 | GBX0.80 | x |
| 2025-12-31 | GBX0.00 | GBX0.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Petrel Resources utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-40.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 177.27% | 0.00% | 0.00x | 1.05x | GBX1.49 Million |
| 1998 | -221.40% | 0.00% | 0.00x | 1.16x | GBX-1.05 Million |
| 1999 | -40.89% | 0.00% | 0.00x | 1.24x | GBX-166.07K |
| 2000 | 5.38% | 0.00% | 0.00x | 1.30x | GBX-42.32K |
| 2001 | -43.33% | 0.00% | 0.00x | 1.47x | GBX-340.00K |
| 2002 | -24.58% | 0.00% | 0.00x | 1.16x | GBX-334.81K |
| 2003 | -11.13% | 0.00% | 0.00x | 1.08x | GBX-465.19K |
| 2004 | -16.59% | 0.00% | 0.00x | 1.12x | GBX-560.75K |
| 2005 | -6.93% | 0.00% | 0.00x | 1.25x | GBX-1.18 Million |
| 2006 | -5.66% | 0.00% | 0.00x | 3.17x | GBX-1.15 Million |
| 2007 | -4.01% | -1.79% | 0.58x | 3.85x | GBX-1.81 Million |
| 2008 | -6.32% | -9.25% | 0.17x | 4.10x | GBX-1.97 Million |
| 2009 | -85.21% | 0.00% | 0.00x | 5.92x | GBX-7.29 Million |
| 2010 | -6.46% | 0.00% | 0.00x | 1.01x | GBX-1.14 Million |
| 2011 | -6.91% | 0.00% | 0.00x | 1.03x | GBX-1.13 Million |
| 2012 | -7.74% | 0.00% | 0.00x | 1.07x | GBX-1.08 Million |
| 2013 | -5.68% | 0.00% | 0.00x | 1.04x | GBX-1.45 Million |
| 2014 | -43.40% | 0.00% | 0.00x | 1.04x | GBX-3.64 Million |
| 2015 | -3.29% | 0.00% | 0.00x | 1.05x | GBX-916.96K |
| 2016 | -3.82% | 0.00% | 0.00x | 1.06x | GBX-927.26K |
| 2017 | -220.31% | 0.00% | 0.00x | 1.29x | GBX-4.59 Million |
| 2018 | -10.49% | 0.00% | 0.00x | 1.28x | GBX-466.86K |
| 2019 | -257.80% | 0.00% | 0.00x | 1.83x | GBX-2.03 Million |
| 2020 | -76.40% | 0.00% | 0.00x | 2.20x | GBX-510.03K |
| 2021 | -120.07% | 0.00% | 0.00x | 3.95x | GBX-348.90K |
| 2022 | -127.72% | 0.00% | 0.00x | 4.66x | GBX-335.15K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-468.30K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-410.82K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-408.12K |
Industry Comparison
This section compares Petrel Resources's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $34,477,135
- Average return on equity (ROE) among peers: -10.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Petrel Resources (PET) | GBX-1.04 Million | 177.27% | N/A | $20.22K |
| Afentra PLC (AET) | $3.70 Million | 9.26% | 0.42x | $2.11 Million |
| Aminex PLC (AEX) | $26.94 Million | -3.74% | 0.21x | $1.13 Million |
| Angus Energy PLC (ANGS) | $4.15 Million | -62.91% | 0.20x | $129.12K |
| Ascent Resources plc (AST) | $20.67 Million | -17.63% | 0.59x | $466.40 |
| Block Energy PLC (BLOE) | $-30.00K | 0.00% | 0.00x | $98.87K |
| Borders & Southern Petroleum plc (BOR) | $21.91 Million | -4.71% | 0.01x | $1.04 Million |
| Cadogan Petroleum plc (CAD) | $48.04 Million | 2.54% | 0.04x | $122.22K |
| Challenger Energy Group PLC (CEG) | $57.42 Million | -4.96% | 0.01x | $331.01K |
| Chariot Oil & Gas Limited (CHAR) | $162.05 Million | -25.78% | 0.01x | $1.05 Million |
| Clontarf Energy Plc (CLON) | $-81.34K | 0.00% | 0.00x | $13.96K |
About Petrel Resources
Petrel Resources Plc, together with its subsidiaries, engages in oil and gas exploration business in Ghana and Iraq. The company holds a 30% working interest in the Tano 2A block covering an area of 1,532 square kilometers in Ghana. It also holds interests in Iraq. The company was incorporated in 1982 and is based in Dublin, Ireland.