Petrotal Corporation NPV (DI) (PTAL)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

32.50p
   
  • Change Today:
      0.50p
  • 52 Week High: 45.50
  • 52 Week Low: 30.00
  • Currency: UK Pounds
  • Shares Issued: 914.99m
  • Volume: 519,516
  • Market Cap: £297.37m
  • Beta: 0.00

PetroTal details new $65m term loan facility

By Josh White

Date: Tuesday 13 May 2025

LONDON (ShareCast) - (Sharecast News) - PetroTal confirmed the securing of a $65m term loan facility on Tuesday, to finance erosion control infrastructure near its Bretana oil field in Peru, aimed at supporting both operational continuity and local community resilience.
The syndicated facility was arranged with Banco Interamericano de Finanzas and COFIDE, the country's development bank, marking COFIDE's first environmental and social-focused loan in Peru's extractive sector.

It said the four-year amortising loan was split into two tranches of $50m and $15m and carried a fixed annual interest rate of 8.65%.

PetroTal said the terms were competitive given current macroeconomic conditions, noting that the agreement included manageable covenants and no material restrictions on shareholder distributions.

The AIM-traded firm said the funding would underpin PetroTal's long-term commitment to the Puinahua district, with the erosion control project expected to deliver lasting benefits to the village of Bretana.

"We are very happy to work with BanBif and COFIDE on this credit facility," said president and chief executive officer Manuel Pablo Zuniga-Pflucker.

"Since PetroTal began operations in 2017, our stakeholders in the district of Puinahua have been integral to the success of our Company."

Zuniga-Pflucker said the company's "ongoing commitment to the residents of Puinahua" was evidenced by the establishment of the 2.5% social fund, through which it had now returned a total of $21m to the district.

"The erosion control project, which will benefit the village of Bretana for decades to come, is a continuation of our commitment to the region."

At 1342 BST, shares in PetroTal were down 1% at 32.28p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

PTAL Market Data

Currency UK Pounds
Share Price 32.50p
Change Today 0.50p
% Change 1.56 %
52 Week High 45.50
52 Week Low 30.00
Volume 519,516
Shares Issued 914.99m
Market Cap £297.37m
Beta 0.00

PTAL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
85.64% above the market average85.64% above the market average85.64% above the market average85.64% above the market average85.64% above the market average
77.14% above the sector average77.14% above the sector average77.14% above the sector average77.14% above the sector average77.14% above the sector average
Price Trend
52.61% below the market average52.61% below the market average52.61% below the market average52.61% below the market average52.61% below the market average
4.11% below the sector average4.11% below the sector average4.11% below the sector average4.11% below the sector average4.11% below the sector average
Income Not Available
Growth
16.93% above the market average16.93% above the market average16.93% above the market average16.93% above the market average16.93% above the market average
61.70% above the sector average61.70% above the sector average61.70% above the sector average61.70% above the sector average61.70% above the sector average

PTAL Dividends

  Latest Previous
  Q2 Q1
Ex-Div 30-May-25 28-Feb-25
Paid 13-Jun-25 14-Mar-25
Amount 1.50¢ 1.50¢

Trades for 29-May-2025

Time Volume / Share Price
17:05 15,000 @ 32.50p
16:26 3,500 @ 32.31p
16:26 49 @ 33.00p
16:24 900 @ 32.52p
16:19 6,300 @ 32.52p

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