|Bid||0.2400 x 0|
|Ask||0.2500 x 0|
|Day's Range||0.2150 - 0.2400|
|52 Week Range||0.2150 - 0.6900|
|Beta (3Y Monthly)||-0.02|
|PE Ratio (TTM)||14.12|
|Earnings Date||Mar 21, 2019 - Mar 22, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.75|
The Company's adjusted funds flow was $2.6 million for the first quarter of 2019 compared to $2.5 million in the first quarter of 2018. The increase was mainly due to lower operating costs and lower G&A expenses offset by a decrease in revenue due to lower prices.
In 2008 Wolf Regener was appointed CEO of BNK Petroleum Inc. (TSE:BKX). First, this article will compare CEO compensation with compensation at similar sized companies. After that, we will consider the growth in the busin...
CAMARILLO, California , March 25, 2019 /CNW/ - BNK Petroleum Inc. ("BNK" or the "Company) (TSX:BKX, OTCQX: BNKPF) owns and operates the Tishomingo field, a strategic and highly focused shale oil property concentrated in the Southern SCOOP play/ Ardmore basin of Oklahoma ("Tishomingo Project"). BNK's successful delineation of the Tishomingo Project has resulted in continued growth in reserves, which provide for significant growth potential as the Project moves into the development phase. As such, BNK's Board of Directors ("Board") has determined that it is the opportune time to initiate a formal process to identify and evaluate strategic options to optimize the capitalization and growth prospects of the Company to enhance shareholder value as we move into this next phase.
Anyone researching BNK Petroleum Inc. (TSE:BKX) might want to consider the historical volatility of the share price. Modern finance theory considers volatility to be a measure of risk, and thereRead More...
SAN FRANCISCO, March 12, 2019 -- BNK Petroleum Inc. (BKX:TSX; BNKPF:OTCQX) reported that an independent reserves evaluation of its Caney formation property increased the.
CAMARILLO, CA , Jan. 3, 2019 /CNW/ - BNK Petroleum Inc. (the "Company" or "BNK") (TSX : BKX) is pleased to announce that both the Brock 4-2H (BNK 77% working interest) and the Anderson 1-15H10X3 (BNK 33% working interest) have begun flowback. The Anderson well, which is the first 2 mile lateral in the Tishomingo Field Caney formation, began flowing back 6 days ago. The offset Brock 4-2H well, which began flow back earlier, has an initial 14 day production rate of 290 BOEPD while still cleaning up. The Company will provide additional updates over the next few weeks once more of the fracture stimulation fluids have been recovered. The Company anticipates that both wells may need more than 30 days of flowback before meaningful initial production rates are available, due to the Brock well's proximity to the Anderson well and because it was shut-in longer than normal while the Anderson well was completed, and because the Anderson well is a two mile lateral.
Investors are always looking for growth in small-cap stocks like BNK Petroleum Inc. (TSE:BKX), with a market cap of CA$65m. However, an important fact which most ignore is: how financially Read More...
All amounts are in U.S. Dollars unless otherwise indicated: TSX ticker symbol; BKX OTCQX ticker symbol; BNKPF CAMARILLO, CA , Nov. 8, 2018 /PRNewswire/ - THIRD QUARTER HIGHLIGHTS Average production for ...
CAMARILLO, CA , Oct. 30, 2018 /CNW/ - BNK Petroleum Inc. (the "Company" or "BNK") (TSX: BKX) is pleased to announce that the Anderson 1-15H10X3 (BNK 33% working interest) has been successfully drilled and cased with a 2 mile lateral. Additionally, the Company is utilizing its technical and operational expertise to identify and acquire additional unconventional projects.
If you want to know who really controls BNK Petroleum Inc (TSE:BKX), then you’ll have to look at the makeup of its share registry. Large companies usually have institutions as Read More...
CAMARILLO, CA, Sept. 18, 2018 /PRNewswire/ - BNK Petroleum Inc. (the "Company" or "BNK") (TSX: BKX) is pleased to announce that it has successfully drilled and cased the Brock 4-2H well (77% working interest) in the Company's Caney shale oil acreage in the Tishomingo Field which is located in the SCOOP region in Oklahoma. The completion of the Brock 4-2H well is being scheduled to commence after the casing has been set in the Anderson 1-5H10X3 well, to avoid the frack interfering with the drilling of the Anderson well. The two companies are working on co-ordinating the scheduling of simultaneous fracture stimulations once the Anderson well drilling rig has been released.
CAMARILLO, CA, Aug. 27, 2018 /PRNewswire/ - BNK Petroleum Inc. (the "Company" or "BNK") (TSX: BKX) is pleased to announce that its 2018 drilling program is continuing with the drilling of the Brock 4-2H well in the Company's Caney shale oil acreage in the Tishomingo Field which is located in the SCOOP region in Oklahoma. BNK is the operator of the Brock 4-2H well with a 77% working interest. A major oil company, who is the offset operator and owns the remaining working interest, elected to participate in this well. The rig has moved in, rigged up and is drilling. The Company will utilize its existing cash flow for its share of the costs. At the current price of oil at over $68 USD a barrel, our incremental netbacks for these wells are estimated to be over $37 USD a barrel, which represents a substantial contribution to the Company's cash flow.