Eco (Atlantic) Oil & Gas (LON:ECO) Issues Quarterly Earnings Results

Eco (Atlantic) Oil & Gas (LON:ECO) posted its earnings results on Thursday. The company reported GBX (0.20) ($0.00) EPS for the quarter, Digital Look Earnings reports. Eco (Atlantic) Oil & Gas had a negative net margin of 296,358.74% and a negative return on equity of 66.40%.

Eco (Atlantic) Oil & Gas Stock Performance

LON ECO opened at GBX 9.80 ($0.12) on Friday. The company has a market capitalization of £38.70 million, a price-to-earnings ratio of -2.04 and a beta of 1.95. The company’s 50-day simple moving average is GBX 10.98 and its two-hundred day simple moving average is GBX 10.95. Eco has a one year low of GBX 7.80 ($0.10) and a one year high of GBX 16.25 ($0.20).

Eco (Atlantic) Oil & Gas Company Profile

Eco Atlantic is a TSX-V and AIM-quoted Atlantic Margin-focused oil & gas exploration company with offshore license interests in Guyana, Namibia, and South Africa. Eco aims to deliver material value for its stakeholders through its role in the energy transition to explore for low carbon intensity oil and gas in stable emerging markets close to infrastructure.