BlackRock Energy and Resources (LON:BERI) Posts Earnings Results

Posted by Tyrone Williams on Feb 5th, 2025

BlackRock Energy and Resources (LON:BERI – Get Free Report) announced its earnings results on Monday. The company reported GBX 3.63 ($0.05) earnings per share for the quarter, Digital Look Earnings reports. BlackRock Energy and Resources had a return on equity of 14.24% and a net margin of 87.98%.

BlackRock Energy and Resources Price Performance

Shares of LON BERI traded down GBX 0.20 ($0.00) during midday trading on Wednesday, hitting GBX 119.05 ($1.49). The stock had a trading volume of 65,280 shares, compared to its average volume of 255,482. BlackRock Energy and Resources has a 1 year low of GBX 104 ($1.30) and a 1 year high of GBX 129.50 ($1.62). The company has a market capitalization of £145.34 million, a PE ratio of 661.37 and a beta of 0.98. The company has a quick ratio of 0.32, a current ratio of 0.06 and a debt-to-equity ratio of 8.83. The stock has a 50 day simple moving average of GBX 119.26 and a 200-day simple moving average of GBX 118.05.

BlackRock Energy and Resources Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Investors of record on Thursday, December 5th were paid a GBX 1.13 ($0.01) dividend. This represents a yield of 0.93%. The ex-dividend date was Thursday, December 5th. BlackRock Energy and Resources’s dividend payout ratio is presently 2,777.78%.

About BlackRock Energy and Resources

(Get Free Report)

The Company aims to achieve an annual dividend target and, over the long term, capital growth by investing primarily in securities of companies operating in the mining and energy sectors.