Analyst RecommendationAnalyst retains a Buy rating for PetroTal, reflecting confidence despite changes to production and capex.
Financial Position3Q24 cash position of $121M in unrestricted cash is significantly better than forecast, attributed to effective working capital collections.
Production Performance3Q24 production of 15.2kb/d is ahead of guidance and up approximately 40% compared to the same period last year, showcasing successful mitigations against challenging conditions.