ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI) chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.00
Dividend & YieldN/A£ (N/A)
Beta 2.27
Market capitalization 125.57M
Operating cash flow -5.83M
ESG Scores unknown

Company description

Eco (Atlantic) Oil & Gas Ltd. engages in the identification, acquisition, exploration, and development of the petroleum, natural gas, and shale gas properties in the Republic of Namibia and the Co-Operative Republic of Guyana. The company holds a 15% working interest in the Orinduik block comprising 1,800 square kilometers located in the Suriname Guyana basin; and interests in the Canje Block covering an area of 4,800 square kilometers located in Guyana. It also holds 85% working interest in the Cooper Block, which covers an area of approximately 5,788 square kilometers; 85%working interest in the Sharon Block, which covers an area of approximately 5,700 square kilometers; 85% working interest in the Guy License covering an area of approximately 11,457 square kilometers; and an 85% working interest in the Tamar Block that covers an area of approximately 5,649 square kilometers located in the Walvis Basin offshore, Namibia. In addition, the company engages in the development of solar projects. Eco (Atlantic) Oil & Gas Ltd. is headquartered in Toronto, Canada.

Sector: Energy - Industry: Oil & Gas E&P

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -98.02k 107.95k 41.58k -7.28k
Total Cashflows From Investing Activities -3.31M -3.31M -3.31M -8.5M
Net Borrowings
Total Cash From Financing Activities 578.66k 16.15M 4.87M 4.87M
Change To Operating Activities 908.71k -944.46k -37.39k -4.79k
Issuance Of Stock 578.66k 16.15M 4.87M 4.87M
Net Income 4.17M -20.07M -3.63M -6.56M
Change In Cash 10.69M -83.44k -6.86M -8.37M
Effect Of Exchange Rate -1.08M -1.08M -45.79k -111.72k
Total Cash From Operating Activities 10.11M -15.16M -3.5M -4.63M
Depreciation 24.2k 24.2k 24.2k
Change To Account Receivables 751.4k 11.49k -218 530.12k
Other Cashflows From Financing Activities 2.59k 2.59k 2.59k 2.59k
Change To Netincome 4.38M 5.74M 98.33k 1.41M
Capital Expenditures

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 4.17M -20.07M -3.48M -5.25M
Net Income 4.17M -20.07M -3.63M -6.56M
Selling General Administrative 2.57M 2.77M 1.71M 2.01M
Gross Profit -5.39M -12.73M -1.66M -1.93M
Ebit 3.56M -21.24M -3.52M -3.95M
Operating Income 3.56M -21.24M -3.52M -3.95M
Interest Expense -2.27k -2.27k -2.27k
Income Tax Expense
Total Revenue
Cost Of Revenue 5.39M 12.73M 1.66M 1.93M
Total Other Income ExpenseNet 614.95k 1.17M 33.81k -1.3M
Net Income From Continuing Ops 4.17M -20.07M -3.48M -5.25M
Net Income Applicable To Common Shares 4.17M -20.07M -3.63M -6.56M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 1.55M 350.24k 947.08k 5.65M
Total Stockholder Equity 25.14M 19.6M 16.03M 40.22M
Other Current Liabilities 1.13M 97.15k 3.72M
Total Assets 26.69M 19.95M 16.93M 45.87M
Common Stock 50.03M 59.1M 59.1M 63.14M
Other Current Assets 74.82k 45.6k 193.66k 2.06M
Retained Earnings -28.24M -41.25M -44.81M -51.41M
Treasury Stock 3.35M 1.75M 1.75M 28.49M
Cash 25.01M 18.67M 11.81M 3.44M
Total Current Liabilities 1.55M 350.24k 621.16k 5.65M
Other Stockholder Equity 3.35M 1.75M 1.75M 28.49M
Property, Plant, and Equipment 1.49M 1.12M 1.4M 30.75M
Total Current Assets 25.2M 18.83M 13.62M 5.84M
Net Tangible Assets 25.14M 19.6M 16.03M 40.22M
Net Receivables 114.03k 65.54k 69.18k 285.4k
Accounts Payable 199k 210.7k 415.61k 1.77M


Insider Transactions

Here are the insider transactions of stock shares related to ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI):

Filer Name Transaction Text Ownership Date Filer Relation Shares
Angula (Helmut Kangulohi)Acquisition or disposition in the public market at price 0.34 per share.D2022-09-29Director of Issuer2k
Peterburg (Moshe)D2022-09-19Director of Issuer1.22M
Friedman (Alan Mark)D2022-08-12Director of Issuer34.4k
Africa Oil CorpAcquisition or disposition carried out privately at price 0.37 per share.D2022-06-2710% Security Holder of Issuer4.86M
Friedman (Alan Mark)D2022-06-17Director of Issuer52.6k
Africa Oil CorpAcquisition or disposition carried out privately at price 0.40 per share.D2022-04-0610% Security Holder of Issuer10.18M
Friedman (Alan Mark)Exercise of options at price 0.24 per share.D2022-01-12Director of Issuer333.33k
Peterburg (Moshe)Exercise of options at price 0.24 per share.D2022-01-12Director or Senior Officer of 10% Security Holder216.67k
Nicol (Peter William)Exercise of options at price 0.24 per share.D2022-01-12Director of Issuer116.67k
Angula (Helmut Kangulohi)Exercise of options at price 0.24 per share.D2022-01-12Director of Issuer100k
Kinley (Colin Brent)Exercise of options at price 0.24 per share.D2022-01-12Director of Issuer233.33k
Holzman (Gil)Exercise of options at price 0.24 per share.D2022-01-12Director of Issuer500k
Holzman (Gil)Acquisition or disposition in the public market at price 0.21 per share.D2021-11-28Director of Issuer100k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI). You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)

Here is the result of two systematic investment strategies applied to ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI). The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)

The following chart shows the equity curve of the two systematic investment strategies applied to ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI):

ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI) automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -23.39% on the backtest period.

Performance at glance

Performance

-23.39 %

Latent gain

-472.75 £

Invested capital

2020.75 £

Annualized return

-5.68 %
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Momentum strategy results on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)

This is the result of two momentum investment strategies applied to ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI). The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)

The following chart shows all the entries opened by the momentum investment system on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI):

ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI) momentum entries
  • The first momentum investment strategy would give -17.72% of return on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI). That represents -884.51£ of latent gain with 4991.01£ of employed capital.
  • The second momentum investment strategy would give -15.23% of return on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI). That represents -652.61£ of latent gain with 4286.11£ of employed capital.
Performance at glance (1Q Momentum)

Performance

-17.72 %

Latent gain

-884.51 £

Invested capital

4991.01 £

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

-15.23 %

Latent gain

-652.61 £

Invested capital

4286.11 £

Annualized return

-4.18 %

Momentum equity curve on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)

The following chart shows the equity curve of the two momentum strategies applied to ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI):

ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI) momentum equity

Note: the dividends potentially given by ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI) are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)

The following chart shows the employed capital evolution of the two momentum strategies on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI) since the beginning:

ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250£, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000£.


Buy the dip strategy result on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)

Buy the dip entry openings on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)

ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)

The performance achieved by the robo-advisor on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI) is 0%. That represents 0.0$ of latent gain with 0.0£ of employed capital. The following chart shows ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI) stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI), and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

0.0 %

Equity curve of the strategy applied to ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)

The following chart shows the result of the investment strategy applied to ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI):

ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)

Note: the dividends potentially given by ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI) are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)

The following chart shows the employed capital evolution since the beginning of the investment strategy on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI):

ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)

In this section, I will compare the three previous investment strategies applied to ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI).

Equity curve comparison on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI) investment strategy comparison

Employed capital comparison on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)

ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI) investment comparison

Performance comparison on ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -23.39% -472.75£ 2020.75£ -5.68%
Momentum 1 quarter -17.72% -884.51£ 4991.01£ -4.57%
Momentum 2 quarters -15.23% -652.61£ 4286.11£ -4.18%
Non-directional 0% 0.0£ 0.0£ 0.0%
Annualized return comparison

Automatic investment

-5.68 %

Momentum 1Q

-4.18 %

Momentum 2Q

-4.18 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI):

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI) and the other stocks. There may be false positives or some missing correlated stocks. If the price of ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI) does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI)
Country Canada
City Toronto
Address 7 Coulson Avenue
Phone
Website www.ecooilandgas.com
FullTime employees
Industry Oil & Gas E&P
Sector Energy
Exchange XLON
Ticker ECO.XLON
Market www.londonstockexchange.com

ECO (ATLANTIC) OIL & GAS LTD COM SHS NPV (DI) ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown