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Canadian Overseas Petroleum OTCPK:VELX.Q Stock Report

Last Price

US$0.0003

Market Cap

US$1.1m

7D

0%

1Y

-99.3%

Updated

26 Aug, 2024

Data

Company Financials

Canadian Overseas Petroleum Limited

OTCPK:VELX.Q Stock Report

Market Cap: US$1.1m

VELX.Q Stock Overview

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.

VELX.Q fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

Canadian Overseas Petroleum Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Canadian Overseas Petroleum
Historical stock prices
Current Share PriceUS$0.0003
52 Week HighUS$0.048
52 Week LowUS$0.0002
Beta-0.29
11 Month Change0%
3 Month Change-85.00%
1 Year Change-99.30%
33 Year Change-99.95%
5 Year Change-99.70%
Change since IPO-100.00%

Recent News & Updates

Recent updates

Shareholder Returns

VELX.QUS Oil and GasUS Market
7D0%6.3%0.3%
1Y-99.3%11.1%32.4%

Return vs Industry: VELX.Q underperformed the US Oil and Gas industry which returned 4.8% over the past year.

Return vs Market: VELX.Q underperformed the US Market which returned 25.9% over the past year.

Price Volatility

Is VELX.Q's price volatile compared to industry and market?
VELX.Q volatility
VELX.Q Average Weekly Movementn/a
Oil and Gas Industry Average Movement5.4%
Market Average Movement6.4%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.1%

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

FoundedEmployeesCEOWebsite
n/a23Peter Kravitzwww.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

How do Canadian Overseas Petroleum's earnings and revenue compare to its market cap?
VELX.Q fundamental statistics
Market capUS$1.10m
Earnings (TTM)-US$34.56m
Revenue (TTM)US$20.36m

0.1x

P/S Ratio

0.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VELX.Q income statement (TTM)
RevenueUS$20.36m
Cost of RevenueUS$100.00k
Gross ProfitUS$20.26m
Other ExpensesUS$54.82m
Earnings-US$34.56m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.0094
Gross Margin99.51%
Net Profit Margin-169.74%
Debt/Equity Ratio243.5%

How did VELX.Q perform over the long term?

See historical performance and comparison