Analyst Price Target is C$1.09
▲ +62.31% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for PetroShale in the last 3 months. The average price target is C$1.09, with a high forecast of C$1.35 and a low forecast of C$1.00. The average price target represents a 62.31% upside from the last price of C$0.67.
Current Consensus is
The current consensus among 3 investment analysts is to hold stock in PetroShale.
PetroShale Inc., an independent oil company, engages in the acquisition, development, and production of oil-weighted assets primarily in the Bakken and Three Forks formations in the Williston Basin area of North Dakota. It holds interests in the Middle Bakken and Three Forks Benches One, Two, Three, and Four formations, as well as Pronghorn/Sanish and Lodgepole areas. As of December 31, 2021, the company had approximately 72.0 million barrels of oil equivalent of total proved plus probable reserves. PetroShale Inc. was founded in 1994 and is based in Calgary, Canada.