Yahoo Finance Peninsula Energy First Half 2023 Earnings: US$0.003 loss per share (vs US$0.004 loss in 1H 2022)
Peninsula Energy (ASX:PEN) First Half 2023 Results
Key Financial Results
Revenue: US$12.3m (up 33% from 1H 2022).
Net loss: US$2.64m (loss narrowed by 27% from 1H 2022).
US$0.003 loss per share (improved from US$0.004 loss in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Peninsula Energy Earnings Insights
Looking ahead, revenue is forecast to grow 39% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Australia are expected to remain flat.
Performance of the Australian Oil and Gas industry.
The company's shares are down 7.4% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for Peninsula Energy you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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