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Petrus Resources Swings to Net Loss in 2024
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Petrus Resources Swings to Net Loss in 2024
Mar 26, 2025 4:22 AM

07:03 AM EDT, 03/26/2025 (MT Newswires) -- Petrus Resources ( PTRUF ) late on Tuesday reported that it swung to a net loss in 2024 on lower oil and natural gas sales.

The net loss was $1.2 million, or a loss of $0.01, swinging from an income of $50.7 million, or $0.40 per share.

Oil and natural gas sales fell to $93.7 million from $125.6 million.

Funds flow was $50.1 million, or $0.40 per share, down from $78 million, or $0.62 per share.

The company produced 9,382 barrels of oil equivalent per day, down from 10,301 boe/d.

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