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

Eco (Atlantic) Oil & Gas (LON:ECO) posted its quarterly earnings data 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 return on equity of 66.40% and a negative net margin of 296,358.74%.

Eco (Atlantic) Oil & Gas Stock Down 1.9 %

Shares of LON ECO opened at GBX 9.57 ($0.12) on Friday. The company has a market cap of £37.77 million, a price-to-earnings ratio of -1.99 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 simple moving average is GBX 11.03 and its 200 day simple moving average is GBX 10.96.

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.