What are the changes in production volumes (oil, natural gas, liquids) versus guidance and peers? | PRQ (Aug 07, 2025) | Candlesense

What are the changes in production volumes (oil, natural gas, liquids) versus guidance and peers?

Answer

The press‑release you referenced only announces that Petrus Resources Ltd. (TSX: PRQ) has published its financial and operating results for the three‑ and six‑month periods ending June 30 2025. It does not include any specific figures on:

  • Production volumes for oil, natural gas, or liquids (e.g., barrels of oil per day, MMcf of gas, boe or bbl of liquids)
  • Guidance that the company previously gave for those commodities
  • Peer‑group production data that would allow a direct comparison with other companies in the sector

Because those details are absent from the excerpt you provided, I cannot give a quantitative “change versus guidance” or “versus peers” analysis.


What you can do next

  1. Locate the full press‑release – The complete Q2 2025 results are typically posted on Petrus Resources’ investor relations website or on the GlobeNewswire archive. The full document will list:

    • Actual production numbers for oil, gas, and liquids for the quarter (and possibly year‑to‑date totals).
    • The company’s prior production guidance (e.g., “we expected 30,000 bbl oil d⁻Âč; actual was 28,500 bbl d⁻Âč”).
    • Any commentary on how those results compare to peer companies or the broader market.
  2. Check the Management Discussion & Analysis (MD&A) section – In the quarterly report (Form 40‑F or similar), Petrus usually provides a “Production Update” that breaks out:

    • Oil: barrels per day (bpd) and cumulative volume.
    • Natural gas: thousand cubic feet per day (Mcf/d) or boe conversion.
    • Liquids: total liquids (oil + condensate) in barrels or boe.
  3. Gather peer data – For a “versus peers” comparison, you’ll need production figures from other Canadian‑focused upstream companies (e.g., Cenovus Energy, Canadian Natural Resources, Husky Energy, etc.). These are publicly disclosed in their own quarterly earnings releases or on data platforms such as S&P Capital IQ, Bloomberg, or the Canadian Energy Regulator.

  4. Calculate the changes – Once you have the numbers:

    • Δ vs. guidance = Actual production – Guided production (expressed in absolute terms and as a percentage).
    • Δ vs. peers = Petrus production – Average peer production (or median) for the same period, again both in absolute and percentage terms.

Example Framework (illustrative only)

Commodity Actual Q2 2025 Production Prior Guidance Δ (bbl/d or Mcf/d) % Δ vs. Guidance Peer Avg Q2 2025* Δ vs. Peer
Oil (bbl/d) 28,500 30,000 -1,500 -5 % 32,000 -3,500
Natural Gas (Mcf/d) 12,800 13,500 -700 -5 % 14,200 -1,400
Liquids (bbl/d) 31,200 33,000 -1,800 -5.5 % 35,500 -4,300

*Peer averages would be derived from a set of comparable Canadian upstream producers for the same quarter.

Until the full release is obtained, the numbers above are placeholders to show how you would structure the analysis.


Bottom line

  • From the information you posted alone, no production‑volume changes can be identified.
  • To answer the question fully, you’ll need the complete earnings release (or the accompanying MD&A) that details actual production, prior guidance, and any peer comparison the company may have provided.

If you can share those additional details (or a link to the full report), I’ll be able to compute the exact changes and provide a precise, data‑driven comparison.

Other Questions About This News

How did capital expenditures this quarter compare to the Company’s budget and to prior quarters? Did management provide any commentary on market conditions, competitive positioning, or strategic initiatives? How did revenue and net earnings compare to the same quarter last year and to the previous quarter? What is the current debt level and debt‑to‑equity ratio, and are there any upcoming debt maturities or covenant issues? Did the Company announce any significant acquisitions, asset sales, or joint‑venture agreements that could affect future earnings? How does the company's ESG and sustainability profile impact investor perception and financing costs? How does the company's valuation (P/E, EV/EBITDA, P/NAV) look after the reported results compared to peers and industry averages? Is there any update on regulatory approvals, environmental permits, or potential legal liabilities that could impact operations? Is there guidance for Q3 2025 and FY2025, and how does it compare to analyst consensus and the Company’s own prior guidance? What are the changes in cost metrics (e.g., cash netback, operating cash cost, lift‑costs) and how do they compare with industry benchmarks? What are the potential short‑term technical factors (e.g., market sentiment, analyst upgrades/downgrades, insider buying) that could influence the stock price? What commodity price assumptions are embedded in the guidance and how sensitive are the results to oil and gas price fluctuations? What is the current share structure (outstanding shares, share purchases, or potential dilution from stock‑based compensation) and does it affect valuation? What was the cash flow situation (operating cash flow, free cash flow) and how does it affect the company’s ability to fund capital projects or dividends? What were the key drivers behind the Q2 2025 earnings surprise (if any) and how sustainable are they?