Petrel Resources (PET) - Net Assets
Based on the latest financial reports, Petrel Resources (PET) has net assets worth GBX-649.00K GBX (≈ $-78.96 USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX571.00K ≈ $69.47 USD) and total liabilities (GBX1.22 Million ≈ $148.44 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. Read debt load of Petrel Resources for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX-649.00K |
| % of Total Assets | -113.66% |
| Annual Growth Rate | N/A |
| 5-Year Change | -200.04% |
| 10-Year Change | -108.56% |
| Growth Volatility | 80.79 |
Petrel Resources - Net Assets Trend (1997–2024)
This chart illustrates how Petrel Resources's net assets have evolved over time, based on quarterly financial data. Also explore how large is Petrel Resources's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Petrel Resources (1997–2024)
The table below shows the annual net assets of Petrel Resources from 1997 to 2024. For live valuation and market cap data, see Petrel Resources (PET) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 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 2475447788.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX2.30 Million | % |
| Other Components | GBX22.11 Million | % |
| Total Equity | GBX-590.53K | 100.00% |
Petrel Resources Competitors by Market Cap
The table below lists competitors of Petrel Resources ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SMCG Co., Ltd.
KQ:460870
|
$23.11K |
|
The London Tunnels PLC
AS:TLT
|
$23.12K |
|
Marwyn Value Investors Ltd
LSE:MVIR
|
$23.55K |
|
AMUR MINERALS (A7L.SG)
STU:A7L
|
$23.63K |
|
RC365 Holding PLC
LSE:RCGH
|
$22.42K |
|
QUICKBIT EU AB O.N.
F:QBT
|
$22.29K |
|
High Templar Tech Limited Sponsored ADR Class A
NYSE:HTT
|
$22.10K |
|
Rex Trueform Group Ltd
JSE:RTO
|
$22.00K |
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 2023 to 2024, total equity changed from -226,969 to -590,533, a change of -363,564.
- Net loss of 469,878 reduced equity.
- New share issuances of 106,314 increased equity.
- Other comprehensive income decreased equity by 243,907.
- Other factors increased equity by 243,907.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-469.88K | -79.57% |
| Share Issuances | GBX106.31K | +18.0% |
| Other Comprehensive Income | GBX-243.91K | -41.3% |
| Other Changes | GBX243.91K | +41.3% |
| 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 | GBX0.90 | x |
| 1998-12-31 | GBX0.01 | GBX0.90 | x |
| 1999-12-31 | GBX0.01 | GBX0.90 | x |
| 2000-12-31 | GBX0.02 | GBX0.90 | x |
| 2001-12-31 | GBX0.02 | GBX0.90 | x |
| 2002-12-31 | GBX0.02 | GBX0.90 | x |
| 2003-12-31 | GBX0.04 | GBX0.90 | x |
| 2004-12-31 | GBX0.04 | GBX0.90 | x |
| 2005-12-31 | GBX0.11 | GBX0.90 | x |
| 2006-12-31 | GBX0.11 | GBX0.90 | x |
| 2007-12-31 | GBX0.19 | GBX0.90 | x |
| 2008-12-31 | GBX0.17 | GBX0.90 | x |
| 2009-12-31 | GBX0.10 | GBX0.90 | x |
| 2010-12-31 | GBX0.09 | GBX0.90 | x |
| 2011-12-31 | GBX0.09 | GBX0.90 | x |
| 2012-12-31 | GBX0.08 | GBX0.90 | x |
| 2013-12-31 | GBX0.11 | GBX0.90 | x |
| 2014-12-31 | GBX0.07 | GBX0.90 | x |
| 2015-12-31 | GBX0.07 | GBX0.90 | x |
| 2016-12-31 | GBX0.07 | GBX0.90 | x |
| 2017-12-31 | GBX0.02 | GBX0.90 | x |
| 2018-12-31 | GBX0.03 | GBX0.90 | x |
| 2019-12-31 | GBX0.01 | GBX0.90 | x |
| 2020-12-31 | GBX0.00 | GBX0.90 | x |
| 2021-12-31 | GBX0.00 | GBX0.90 | x |
| 2022-12-31 | GBX0.00 | GBX0.90 | x |
| 2023-12-31 | GBX0.00 | GBX0.90 | x |
| 2024-12-31 | GBX0.00 | GBX0.90 | 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 (-41.91%), 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 |
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: $87,289,784
- Average return on equity (ROE) among peers: 11.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Petrel Resources (PET) | GBX-649.00K | 177.27% | N/A | $22.74K |
| Afentra PLC (AET) | $98.63 Million | 53.08% | 1.30x | $2.14 Million |
| Aminex PLC (AEX) | $92.44 Million | -5.77% | 0.16x | $1.30 Million |
| Angus Energy PLC (ANGS) | $1.92 Million | 100.49% | 0.65x | $129.12K |
| Ascent Resources plc (AST) | $4.83 Million | -8.31% | 0.01x | $61.66K |
| Block Energy PLC (BLOE) | $-60.00K | 0.00% | 0.00x | $135.95K |
| Borders & Southern Petroleum plc (BOR) | $295.56 Million | -0.47% | 0.00x | $1.11 Million |
| Cadogan Petroleum plc (CAD) | $177.30 Million | -8.27% | 0.03x | $129.86K |
| Challenger Energy Group PLC (CEG) | $51.16 Million | -1.92% | 0.01x | $331.01K |
| Chariot Oil & Gas Limited (CHAR) | $148.25 Million | -10.05% | 0.01x | $575.39K |
| Clontarf Energy Plc (CLON) | $2.87 Million | -6.95% | 0.33x | $20.44K |
About Petrel Resources
Petrel Resources Plc, together with its subsidiaries, engages in oil and gas exploration in Ghana and Iraq. It holds a 30% working interest in the Tano 2A block, covering an area of 1,532 square kilometers in Ghana, and interests in the Western Desert Block 6 located in Iraq. The company was incorporated in 1982 and is based in Dublin, Ireland.