The Globe and Mail reports in its Friday, Oct. 6, edition that Petrus Resources is down 18.9 per cent over the past three months as of Oct. 4. The Globe's regular guest columnist Ted Dixon writes in the Who's Buying and Selling column that Petrus produced 10,492 barrels of oil equivalent per day (30.1 per cent liquids) in the second quarter. When revising guidance in August, Petrus indicated it was positioned to begin a return of capital to shareholders through dividends and share buybacks in the fourth quarter. Meanwhile, since Sept. 7, chief executive officer Kenneth Gray has bought 45,000 common shares at an average price of $1.39. The Globe reported on March 13, 2020, that Raymond James analysts Chris Cox and Jeremy McCrea downgraded Petrus Resources to "underperform" from "market perform" with a 10-cent share target, down from 25 cents. Analysts on average targeted the shares at 39 cents. Petrus shares could then be had for 11 cents. The Globe reported on Feb. 1, 2022, that Stifel analyst Cody Kwong had boosted his recommendation for Petrus Resources to "buy" from "speculative buy," with $2.15 share target, up from $1.50. The shares could then be had for $1.58.