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

Eco (Atlantic) Oil & Gas (LON:ECO) announced its earnings results on Thursday. The company reported GBX (0.20) ($0.00) earnings per share 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 Price Performance

ECO stock opened at GBX 9.80 ($0.12) on Friday. The company has a market capitalization of £38.70 million, a PE ratio of -2.04 and a beta of 1.95. Eco has a 12 month low of GBX 7.80 ($0.10) and a 12 month high of GBX 16.25 ($0.20). The firm’s 50-day moving average is GBX 10.98 and its 200 day moving average is GBX 10.95.

About Eco (Atlantic) Oil & Gas

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.