|Bid||0.8900 x 500000|
|Ask||0.9200 x 500000|
|Day's Range||0.8900 - 0.8900|
|52 Week Range||0.8900 - 2.4665|
|Beta (3Y Monthly)||0.90|
|PE Ratio (TTM)||445.00|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Equipment failures and political strife in Colombia are taking a bite out of its production. Investors are clearly worried about this, but today's fearful sell-off could be an opportunity to buy.
Six oil companies have made the initial best offers on 11 oil exploration contracts in Colombia, the government said on Friday, as a bidding process meant to revitalise its long-stagnant oil sector moved forward. GeoPark Ltd, Hocol SA, Parex Resources Inc, Ecopetrol SA, Gran Tierra Energy Inc, Frontera Energy Corp and a consortium comprised of GeoPark and Hocol handed in the best bids, the national hydrocarbons agency said in a statement.
The Calgary, Alberta-based company said it had profit of 1 cent per share. The oil and natural gas company posted revenue of $152.6 million in the period. The company's shares closed at $2.25. A year ago, ...