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PetroTal Corp ( (TSE:TAL) ) has shared an announcement.
PetroTal Corp has announced its 2025 guidance, aiming for a production increase of approximately 24% with average daily sales of 21,000 – 23,000 barrels of oil. The company plans a capital investment of $140 million, a 14% decrease from 2024, and targets an EBITDA of $240-250 million. Key initiatives include the drilling of four development wells, expansion of field infrastructure, and significant erosion control measures. PetroTal continues to prioritize shareholder returns through stable dividends and a share buyback program, while advancing its exploration strategy in newly acquired areas, enhancing its operational capabilities and industry positioning.
More about PetroTal Corp
PetroTal Corp is an oil and gas company primarily focused on the development and expansion of oil fields, notably the Bretana oil field, and exploration activities in the Ucayali Basin. The company operates in the energy sector, with significant activities in both production and exploration, and has a market focus on delivering stable dividends while increasing production output.
YTD Price Performance: 18.33%
Average Trading Volume: 708,214
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$647.5M
For an in-depth examination of TAL stock, go to TipRanks’ Stock Analysis page.
