Eco (Atlantic) Oil & Gas (ECO) Share Price, News & Analysis

Company Overview

Eco (Atlantic) Oil & Gas Ltd. engages in the identification, acquisition, exploration, and development of the petroleum, natural gas, and shale gas properties in the Republic of Namibia and the Co-Operative Republic of Guyana. The company holds a 15% working interest in the Orinduik block comprising 1,800 square kilometers located in the Suriname Guyana basin; and 17.5% interests in the Canje Block covering an area of 4,800 square kilometers located in Guyana. It also holds 85% working interest in the Cooper Block, which covers an area of approximately 5,788 square kilometers; 85% working interest in the Sharon Block, which covers an area of approximately 5,700 square kilometers; 85% working interest in the Guy License covering an area of approximately 11,457 square kilometers; and an 85% working interest in the Tamar Block that covers an area of approximately 5,649 square kilometers located in the Walvis Basin offshore, Namibia. In addition, the company engages in the development of solar projects. Eco (Atlantic) Oil & Gas Ltd. is headquartered in Toronto, Canada.

Key Stats

• Today's Range: 10 to 10.46
• 50-Day Range: 9.43 to 11.75
• 52-Week Range: 7.80 to 16.25
• Volume: 885,051 shs
• Average Volume: 922,670 shs
• Market Capitalization: £38.65 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: GBX 125
• Consensus Rating: Buy

Eco (Atlantic) Oil & Gas Stock Analysis - MarketRank™

Eco (Atlantic) Oil & Gas scored higher than 28% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Eco (Atlantic) Oil & Gas has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Eco (Atlantic) Oil & Gas has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Eco (Atlantic) Oil & Gas is -261.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Eco (Atlantic) Oil & Gas is -261.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Eco (Atlantic) Oil & Gas has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ECO.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Eco (Atlantic) Oil & Gas does not currently pay a dividend.

Dividend Growth

Eco (Atlantic) Oil & Gas does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ECO.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

11 people have searched for ECO on MarketBeat in the last 30 days. This is an increase of 120% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Eco (Atlantic) Oil & Gas insiders have not sold or bought any company stock.

Percentage Held by Insiders

30.80% of the stock of Eco (Atlantic) Oil & Gas is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 7.06% of the stock of Eco (Atlantic) Oil & Gas is held by institutions.

ECO Stock Analysis - Frequently Asked Questions

How have ECO shares performed this year?

Eco (Atlantic) Oil & Gas' stock was trading at GBX 11.05 on January 1st, 2024. Since then, ECO shares have decreased by 5.5% and is now trading at GBX 10.44.
View the best growth stocks for 2024 here.

How do I buy shares of Eco (Atlantic) Oil & Gas?

Shares of ECO stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What other stocks do shareholders of Eco (Atlantic) Oil & Gas own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Eco (Atlantic) Oil & Gas investors own include Tullow Oil (TLW), Velocys (VLS), BP (BP), 4D pharma (DDDD), Intel (INTC), Centrica (CNA) and Kinder Morgan (KMI).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: N/A
• Current Symbol: LON:ECO
• CUSIP: N/A
• CIK: N/A
• Web: www.ecooilandgas.com
• Phone: 416-250-1955
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 125
• High Stock Price Target: GBX 125
• Low Stock Price Target: GBX 125
• Potential Upside/Downside: +1,097.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX (0.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: £-21,550,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -54.82%
• Return on Assets: -7.60%

Debt

• Debt-to-Equity Ratio: 2.11
• Current Ratio: 1.68
• Quick Ratio: 4.71

Sales & Book Value

• Annual Sales: £56,452.00
• Price / Sales: 684.58
• Cash Flow: GBX 4.23 per share
• Price / Cash Flow: 2.47
• Book Value: GBX 8 per share
• Price / Book: 1.31

Miscellaneous

• Outstanding Shares: 370,170,000
• Free Float: N/A
• Market Cap: £38.65 million
• Optionable: Not Optionable
• Beta: 1.95