OYL.V - CGX Energy Inc.

TSXV - TSXV Delayed Price. Currency in CAD
0.7400
+0.1100 (+17.46%)
As of 1:41PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close0.6300
Open0.6200
Bid0.7200 x 0
Ask0.7500 x 0
Day's Range0.6200 - 0.8100
52 Week Range0.2200 - 1.1400
Volume187,541
Avg. Volume124,642
Market Cap171.832M
Beta (3Y Monthly)-2.97
PE Ratio (TTM)10.88
EPS (TTM)0.0680
Earnings DateAug 2, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.21
  • Newsfile

    CGX Energy Confirms No Material Undisclosed Information

    Toronto, Ontario--(Newsfile Corp. - August 28, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company"), at the request of the Market Surveillance group of the Investment Industry Regulatory Organization of Canada, announces that the Company is not aware of any material undisclosed information that may be contributing to the level of trading activity of its shares on the TSX Venture Exchange.About CGX EnergyCGX Energy is a Canadian-based oil and gas exploration ...

  • Newsfile

    CGX Announces Change to Its Board of Directors

    Toronto, Ontario--(Newsfile Corp. - August 16, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company") announced today that Mr. Erik Lyngberg has resigned his position as a director with the Company. As a result, Mr. Duncan Nightingale has been appointed to the Company's Board of Directors. Mr. Nightingale has over 30 years of oil and gas exploration and development experience, and is currently Corporate Vice President, Operations, Development and ...

  • Newsfile

    CGX Energy Announces Resequencing of its Work Programme in Guyana and Second Quarter Results

    Toronto, Ontario--(Newsfile Corp. - August 2, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company") announced today that a resequencing of its work programme in the Corentyne block, held by its wholly owned subsidiary CGX Resources Inc. ("CRI"), has been approved by means of an addendum to its Corentyne Petroleum Agreement by the Government of the Cooperative Republic of Guyana. CRI and Frontera Energy Guyana Corp. ("FEGC") are joint venture ...

  • CNW Group

    Frontera Energy Announces Approval for Resequencing of Work Programme in Guyana

    TORONTO , Aug. 2, 2019 /CNW/ - Frontera Energy Corporation (FEC.TO) ("Frontera") announces today that a resequencing of CGX Energy Inc.'s (OYL.V) ("CGX") work programme in the Corentyne block, offshore Guyana , held by its wholly owned subsidiary, CGX Resources Inc., has been approved by means of an addendum to its Corentyne Petroleum Agreement by the Government of the Cooperative Republic of Guyana . CGX and Frontera are joint venture partners in the block and CGX is the operator. The benefit of the resequenced work program, which allows seismic assessment to be conducted over the northern area of the Corentyne block before drilling of an exploration well, is that it will allow CGX and Frontera to gain a more complete technical understanding of the Corentyne block and in particular its northern sector.

  • CGX Energy (CVE:OYL) Debt But No Earnings
    Simply Wall St.

    CGX Energy (CVE:OYL) Debt But No Earnings

    Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

  • GlobeNewswire

    Apolo II Acquisition Corp. Signs Definitive Agreement With Terrace Inc. to Advance Qualifying Transaction

    Apolo II Acquisition Corp. (the “Corporation”), a “capital pool company” pursuant to the policies of the TSX Venture Exchange (the “Exchange”), is pleased to announce that it has entered into a definitive business combination agreement (the “Definitive Agreement”) dated July 17, 2019 with Terrace Inc. (“Terrace”) and Terrance Acquisition Corp. (a wholly-owned subsidiary of the Corporation) (“Subco”) in furtherance of the Corporation’s previously announced proposed Qualifying Transaction (as such term is defined in Policy 2.4 – Capital Pool Companies of the Exchange’s Corporate Finance Manual (the “Manual”)) (the “Proposed Transaction”). Terrace was incorporated pursuant to the provisions of the Business Corporations Act (Ontario) (the “OBCA”) on August 28, 2018.

  • Newsfile

    CGX Energy Announces Annual and Special Meeting Voting Results

    Toronto, Ontario--(Newsfile Corp. - June 27, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the Company") announced today that the annual and special meeting of shareholders (the "AGM") was held on Thursday June 27, 2019, where each of the three nominees proposed as directors pursuant to the Company's management proxy circular dated May 13, 2019 were elected as directors. The directors achieved an average approval vote of 99.9% from shareholders. The ...

  • Newsfile

    CGX Energy Announces Filing of First Quarter Financial Statements

    Toronto, Ontario--(Newsfile Corp. - May 28, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company") announced today the release of its unaudited Consolidated Financial Statements for the first quarter of 2019, together with its Management, Discussion and Analysis - Quarterly Highlights ("MD&A"). These documents will be posted on the Company's website at www.cgxenergy.com and SEDAR at www.sedar.com. All values in this news release and the Company's financial disclosures are in ...

  • If You Had Bought CGX Energy (CVE:OYL) Stock Three Years Ago, You Could Pocket A 166% Gain Today
    Simply Wall St.

    If You Had Bought CGX Energy (CVE:OYL) Stock Three Years Ago, You Could Pocket A 166% Gain Today

    It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes...

  • CNW Group

    Frontera Announces Strong First Quarter 2019 Results

    TORONTO , May 9, 2019 /CNW/ - Frontera Energy Corporation (FEC.TO) ("Frontera" or the "Company") announces today the release of its Interim Condensed Consolidated Financial Statements for the first quarter of 2019, together with its Management, Discussion and Analysis ("MD&A"). All values in this news release and the Company's financial disclosures are in United States dollars unless otherwise stated. Net income of $46 million ( $0.47 /share) in the first quarter of 2019 compared to a net loss of $117 million ( $1.17 /share) in the fourth quarter of 2018 and a net loss of $3 million ( $0.03 /share) in the first quarter of 2018, driven by strong realized prices and lower operating and transportation costs.

  • CNW Group

    CGX Energy and Frontera Energy Receive Approval of Strategic Joint Venture from the Government of The Cooperative Republic of Guyana

    TORONTO , May 3, 2019 /CNW/ - CGX Energy Inc. (OYL.V) ("CGX") and Frontera Energy Corporation (FEC.TO) ("Frontera") announced today that the Government of The Cooperative Republic of Guyana has approved the farm-in joint venture agreement covering two shallow water offshore Petroleum Prospecting Licenses in Guyana , the Corentyne and Demerara blocks. Under the terms of the farm-in joint venture agreement between Frontera and a wholly owned subsidiary of CGX, CGX Resources Inc., Frontera will acquire a 33.333% working interest in the two blocks in exchanged for a US$33.3 million signing bonus, paid by way of offset of $24.6 million of debt payable to Frontera by CGX plus a cash payment of US$8.7 million paid by Frontera to CGX.

  • Newsfile

    CGX Energy and Frontera Energy Receive Approval of Strategic Joint Venture from the Government of the Cooperative Republic of Guyana

    Toronto, Ontario--(Newsfile Corp. - May 3, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera") announced today that the Government of The Cooperative Republic of Guyana has approved the farm-in joint venture agreement covering two shallow water offshore Petroleum Prospecting Licenses in Guyana, the Corentyne and Demerara blocks.Under the terms of the farm-in joint venture agreement between Frontera and a wholly owned subsidiary of CGX, CGX Resources Inc., Frontera ...

  • Newsfile

    CGX Energy Files Year-End Audited Financial Statements

    Toronto, Ontario--(Newsfile Corp. - April 24, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company") announced today the release of its audited consolidated financial results for the year ended December 31, 2018, together with its Management Discussion and Analysis. These documents will be posted on the Company's website at www.cgxenergy.com and SEDAR at www.sedar.com. All values in this news release and the Company's financial disclosures are in United States dollars unless ...

  • CNW Group

    Frontera Announces First Quarter 2019 Update

    TORONTO , April 11, 2019 /CNW/ - Frontera Energy Corporation (FEC.TO) ("Frontera" or the "Company") announces a first quarter 2019 operational update. All values in this news release and the Company's financial disclosures are in United States dollars, unless otherwise noted. "2019 is off to a strong start for Frontera, with our production and exploration proceeding in line with guidance for 2019 and our plan to sustain production in Colombia at current levels for the next five years as we grow production and reserves from new projects in the North Andean region.

  • CNW Group

    Frontera Acquires Common Shares of CGX Energy

    TORONTO , March 14, 2019 /CNW/ - Frontera Energy Corporation (FEC.TO) ("Frontera" or the "Company") announced today that it has acquired 101,316,916 common shares ("Common Shares") of CGX Energy Inc. ("CGX") (OYL.V) in connection with the rights offering (the "Rights Offering") previously announced by CGX on February 1, 2019 . The aggregate purchase price for the Common Shares was $25,329,229 (or $0.25 per Common Share). As consideration for providing a standby commitment in connection with the Rights Offering, the Company also received 15,009,026 5-year warrants (the "Warrants") to purchase up to 15,009,026 Common Shares at an exercise price equal to $0.415 per Common Share.

  • CNW Group

    Frontera Acquires Rights of CGX Energy

    TORONTO , March 13, 2019 /CNW/ - Frontera Energy Corporation (FEC.TO) ("Frontera" or the "Company") announced that, on March 12, 2019 , it acquired 12,181,000 rights ("Rights") to acquire common shares ("Common Shares") of CGX Energy Inc. ("CGX") (OYL.V). Frontera acquired the Rights through the TSX Venture Exchange in connection with the rights offering (the "Rights Offering") previously announced by CGX in a news release on February 1, 2019 (the " February 1 News Release"). Prior to the acquisition of the 12,181,000 Rights, Frontera owned or exercised control over 56,066,214 Common Shares and 56,066,214 Rights on a non-diluted basis (representing approximately 48.29% of the issued and outstanding Common Shares on a non-diluted basis) and 152,132,428 Common Shares on a partially-diluted basis, assuming the exercise or conversion of all securities (including the Rights and the $8,800,000 bridge loan) then held by Frontera (representing approximately 71.7% of the issued and outstanding Common Shares on a partially-diluted basis).

  • CNW Group

    CGX Energy Announces Equity Rights Offering

    TORONTO , Feb. 1, 2019 /CNW/ - CGX Energy Inc. (OYL.V) ("CGX" or the "Corporation") announced today that it will be offering rights (each, a "Right") to holders of its common shares ( "Common Shares") at the close of business on the record date of February 11, 2019 , on the basis of one (1) Right for each Common Share held (the "Rights Offering"). Each one (1) Right will entitle the holder to subscribe for one (1) Common Share upon payment of the subscription price of C$0.25 (the "Basic Subscription Privilege"). There are currently 116,102,318 Common Shares issued and outstanding.

  • Newsfile

    CGX Energy and Frontera Announce Execution of Farm-in Joint Venture Agreement and Bridge Loan

    Toronto, Ontario--(Newsfile Corp. - February 1, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) are pleased to announce today the execution of a farm-in joint venture agreement covering CGX's two shallow water offshore Petroleum Prospecting Licenses in Guyana, the Corentyne and Demerara Blocks. These agreements remain subject to Guyanese government approval.CGX and Frontera are also pleased to announce today that they have entered into an amended and restated ...

  • PR Newswire

    CGX Energy and Frontera Announce Execution of Farm-In Joint Venture Agreement and Bridge Loan

    TORONTO, Feb. 1, 2019 /PRNewswire/ - CGX Energy Inc. (OYL.V) ("CGX") and Frontera Energy Corporation (FEC.TO) are pleased to announce today the execution of a farm-in joint venture agreement covering CGX's two shallow water offshore Petroleum Prospecting Licenses in Guyana, the Corentyne and Demerara Blocks. CGX and Frontera are also pleased to announce today that they have entered into an amended and restated bridge loan agreement, pursuant to which Frontera has agreed to extend the term of CGX's April 25, 2018 bridge loan to September 30, 2019 and to update certain other terms and conditions. Frontera has the option to convert up to US$8.8 million principal amount of the loan into CGX common shares at a conversion price of US$0.22 per share (being the US dollar equivalent of CDN$0.29, which was the closing price of the shares of CGX prior to the December 4, 2018 announcement of the amendment to the bridge loan), at any point on or before maturity of the loan.

  • CNW Group

    CGX Energy and Frontera Announce Amendment to Letter Agreement

    TORONTO , Jan. 11, 2019 /CNW/ - CGX Energy Inc. (OYL.V) ("CGX") and Frontera Energy Corporation (FEC.TO) ("Frontera") announced today that they have further amended a letter agreement previously disclosed in a news release of CGX and Frontera on December 4, 2018 and amended on December 14, 2018 , to extend the time of the launch of the equity financing in the amount of approximately US$20 million to occur on or prior to February 6, 2019 and anticipated to be completed on or prior to March 15, 2019 , subject to regulatory approval. Further, CGX and Frontera have amended the letter agreement to extend the time by which CGX Resources Inc., a wholly owned subsidiary of CGX, and Frontera will enter into a farm-in joint venture agreement covering CGX's two shallow water offshore Petroleum Prospecting Licenses in Guyana , the Corentyne and Demerara Blocks as previously disclosed on December 4, 2018 , to on or prior to February 6, 2019 .

  • Newsfile

    CGX Energy and Frontera Announce Closing of Shares for Debt Transaction

    Toronto, Ontario--(Newsfile Corp. - December 20, 2018) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera") announced today that, further to their news release of December 17, 2018, CGX has issued 5,714,285 common shares in the capital of the Company (the "Shares") to Frontera to settle a total of US$1.2 million in debt. For further details on this transaction, please see our December 17 press release.All of the Shares ...