Lucero Energy Corp. (PSHIF)
Lucero Energy Corp. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Calgary, AB, CA. The stock last traded at $0.27, down 2.88% on the session, giving a market capitalisation of $186.3M. On trailing twelve-month figures it carries a trailing P/E of 4.67, a net margin of 30.9%. Its beta of 1.49 implies it has historically moved more than the broad market.
Lucero Energy Corp. functions as an independent oil company, primarily focused on the acquisition, development, and production of oil-weighted properties. Its core operations are concentrated within the Bakken and Three Forks shale formations located in North Dakota's Williston Basin. The company's asset portfolio encompasses holdings in the Middle Bakken and the various benches of the Three Forks formation (One, Two, Three, and Four), alongside positions in the Pronghorn/Sanish and Lodgepole areas. As of the end of 2021, specifically December 31st, Lucero reported estimated total proved plus probable reserves amounting to approximately 72.0 million barrels of oil equivalent. Established in 1994, the company is headquartered in Calgary, Canada. It officially adopted the name Lucero Energy Corp. in May 2022, having previously been known as PetroShale Inc.
Lucero Energy Corp. is most often compared with the following Energy names: