VELX.Q Stock Overview
Canadian Overseas Petroleum Limited, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of oil and natural gas reserves in the United States, Canada, the United Kingdom, Bermuda, and sub-Saharan Africa.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Canadian Overseas Petroleum Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.002 |
| 52 Week High | CA$0.084 |
| 52 Week Low | CA$0.0006 |
| Beta | 0.39 |
| 1 Month Change | 100.00% |
| 3 Month Change | -31.03% |
| 1 Year Change | -97.46% |
| 3 Year Change | -99.85% |
| 5 Year Change | -80.00% |
| Change since IPO | -99.99% |
Recent News & Updates
Recent updates
Shareholder Returns
| VELX.Q | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | 0% | -2.2% | -3.1% |
| 1Y | -97.5% | 11.1% | 20.9% |
Return vs Industry: VELX.Q underperformed the US Oil and Gas industry which returned 11.6% over the past year.
Return vs Market: VELX.Q underperformed the US Market which returned 22.4% over the past year.
Price Volatility
| VELX.Q volatility | |
|---|---|
| VELX.Q Average Weekly Movement | n/a |
| Oil and Gas Industry Average Movement | 4.6% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: VELX.Q's share price has been volatile over the past 3 months.
Volatility Over Time: Insufficient data to determine VELX.Q's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 23 | Peter Kravitz | www.canoverseas.com |
Canadian Overseas Petroleum Limited, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of oil and natural gas reserves in the United States, Canada, the United Kingdom, Bermuda, and sub-Saharan Africa. Its Wyoming operations are environmentally responsible with minimal gas flaring and methane emissions combined with electricity sourced from an adjacent wind farm to power production facilities. The company was formerly known as Velo Energy Inc. and changed its name to Canadian Overseas Petroleum Limited in July 2010.
Canadian Overseas Petroleum Limited Fundamentals Summary
| VELX.Q fundamental statistics | |
|---|---|
| Market cap | US$13.34m |
| Earnings (TTM) | -US$34.56m |
| Revenue (TTM) | US$20.36m |
0.7x
P/S Ratio-0.4x
P/E RatioIs VELX.Q overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VELX.Q income statement (TTM) | |
|---|---|
| Revenue | US$20.36m |
| Cost of Revenue | US$100.00k |
| Gross Profit | US$20.26m |
| Other Expenses | US$54.82m |
| Earnings | -US$34.56m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0094 |
| Gross Margin | 99.51% |
| Net Profit Margin | -169.74% |
| Debt/Equity Ratio | 243.5% |
How did VELX.Q perform over the long term?
See historical performance and comparison