The one item that keeps me in this stock is the book value. I just found this report that shows a $2 value at the end of Dec. With the merger, hopefully, the value will increase. I don't feel bad holding a stock worth more than the share price.
Optima Petroleum Corp. Nasdaq : OPPCF
Address:ÿ 600-595 Howe Street
Vancouver British Columbia
Canada V6C 2T5, Canada
Phone:ÿ (604) 684-6886
Industry:ÿ Oil & Gas Operations
Sector:ÿ Energy
Officers:ÿ Robert L.ÿHodgkinson, Pres./CEO
William C.ÿLeuschner, Chmn.
Ronald P.ÿBourgeois, CFO/Secy.
Financial Links
ú Company News
ú Free Annual Report
ú Latest Stock Price
ú SEC Filings (raw filings)
ú Message Board
Company's Web Presence
ú Home Page
ú Search Yahoo! for related links...
Business Summary
Optima Petroleum is a natural resource company engaged in the acquisition, exploration and development of oil and gas properties in the U.S and Canada. For the nine months ended 9/30/97, net revenues fell 40% to C$4.2 million. Net income fell 92% to C$75 thousand. Revenues reflect lower gas prices and a decrease in gas volumes due to delays in the development drilling program. Earnings also reflect higher expenses related to workovers performed at the Valentine properties.
Recent Earnings Announcement
For the 3 months ended 12/31/97, after tax earnings were -4,761.
(preliminary; reported in thousands of Canadian Dollars)
Statistics at a Glance -- OPPCF Last Updated: Apr 9, 1998
Price and Volume
(updated Apr 9, 1998)
52-Week Low $1.00ÿ
Recent Price $1.031
52-Week High $2.875
Beta 0.54ÿ
Daily Volume (3-monthÿavg) 16.2K
Share-Related Items
Market Capitalization $11.3M
Shares Outstanding 11.0M
Float 7.50M
Dividend Information
Annual Dividend noneÿ
Per-Share Data
Book Value (mrq) $1.96ÿ
Earnings (ttm) -$0.21ÿ
Sales N/Aÿ
Cash (mrq) $0.45ÿ
Valuation Ratios
Price/Book (mrq) 0.53ÿ
Price/Earnings N/Aÿ
Price/Sales N/Aÿ
Income Statements
Net Income (*ttm) -$435.8K
Sales (ttm) $2.99M
Profitability
Profit Margin (*ttm) -8.6%
Management Effectiveness
Return on Assets (ttm) -12.67%
Return on Equity (ttm) -14.96%
Financial Strength
Current Ratio (mrq) 10.36ÿ
Total Debt/Equity (mrq) 0.01ÿ
Stock Performance
big chart [3ÿmo | 1ÿyr | 2ÿyr | 5ÿyr | max]
See the Profile FAQ for a description of each item above ; ÿ K = thousands; ÿ M = millions; ÿ mrq = most-recent quarter; ÿ ttm = trailing twelve months through Dec 31, 1997; ÿ *ttm = through Sep 30, 1997
For more in-depth analysis, Market Guide premium reports are available for over 9,400ÿequities.
--------------------------------------------------------------------------------
Copyright c 1998 Yahoo! Inc. All Rights Reserved.
See our Important Disclaimers and Legal Information.
Company information Copyright c Market Guide
Historical chart data and daily updates provided by C |
