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.