What are the changes in production volumes (oil, natural gas, liquids) versus guidance and peers?
Answer
The pressârelease you referenced only announces that Petrus Resources Ltd. (TSX:âŻPRQ) has published its financial and operating results for the threeâ and sixâmonth periods endingâŻJuneâŻ30âŻ2025.âŻIt does not include any specific figures on:
- Production volumes for oil, natural gas, or liquids (e.g., barrels of oil per day,âŻMMcfâŻof gas,âŻboeâŻorâŻbblâŻof liquids)
- Guidance that the company previously gave for those commodities
- Peerâgroup 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 âchange versus guidanceâ or âversus peersâ analysis.
What you can do next
Locate the full pressârelease â The complete Q2âŻ2025 results are typically posted on Petrus Resourcesâ 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 yearâtoâdate totals).
- The companyâs prior production guidance (e.g., âwe expected 30,000âŻbblâŻoilâŻdâ»Âč; actual was 28,500âŻbblâŻdâ»Âčâ).
- Any commentary on how those results compare to peer companies or the broader market.
Check the Management Discussion & Analysis (MD&A) section â In the quarterly report (FormâŻ40âF or similar), Petrus usually provides a âProduction Updateâ 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 (oilâŻ+âŻcondensate) in barrels or boe.
Gather peer data â For a âversus peersâ comparison, youâll need production figures from other Canadianâfocused 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.
Calculate the changes â Once you have the numbers:
- Î vs. guidance = Actual production â Guided production (expressed in absolute terms and as a percentage).
- Î vs. peers = Petrus production â Average peer production (or median) for the same period, again both in absolute and percentage terms.
Example Framework (illustrative only)
Commodity | Actual Q2âŻ2025 Production | Prior Guidance | Î (bbl/d or Mcf/d) | % Î vs. Guidance | Peer Avg Q2âŻ2025* | Î vs. Peer |
---|---|---|---|---|---|---|
Oil (bbl/d) | 28,500 | 30,000 | -1,500 | -5âŻ% | 32,000 | -3,500 |
Natural Gas (Mcf/d) | 12,800 | 13,500 | -700 | -5âŻ% | 14,200 | -1,400 |
Liquids (bbl/d) | 31,200 | 33,000 | -1,800 | -5.5âŻ% | 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 productionâvolume changes can be identified.
- To answer the question fully, youâll 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), Iâll be able to compute the exact changes and provide a precise, dataâdriven comparison.