CGX Energy Inc.

CGX Energy Inc.verified

OYL.V

Price:

$0.18

Market Cap:

$47.49M

CGX Energy Inc., an oil and gas exploration company, explores for and evaluates petroleum and natural gas properties in Guyana, South America. It holds interests in three petroleum prospecting licenses and related petroleum agreements, including Corentyne, Berbice, and Demerara blocks that cover an area of approximately 11,005.2 square kilometers located in offshore and onshore Guyana. The company also constructs and develops the Berbice Deep Water Port project in Guyana. CGX Energy Inc. was incorporated in 1998 and is headquartered in Toronto, Canada.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2005-10-21

Stock Exchange

TSXV

Ticker

OYL.V

The Current Ratio as of November 2024 (TTM) for CGX Energy Inc. (OYL.V) is 0.25

According to CGX Energy Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.25. This represents a change of -22.52% compared to the average of 0.33 of the last 4 quarters.

CGX Energy Inc. (OYL.V) Historical Current Ratio (quarterly & annually)

How has OYL.V Current Ratio performed in the past?

The mean historical Current Ratio of CGX Energy Inc. over the last ten years is 0.41. The current 0.25 Current Ratio has changed 6.04% with respect to the historical average. Over the past ten years (40 quarters), OYL.V's Current Ratio was at its highest in in the September 2014 quarter at 3.65. The Current Ratio was at its lowest in in the June 2017 quarter at 0.01.

Quarterly (TTM)
Annual

Average

0.41

Median

0.41

Minimum

0.01

Maximum

0.94

CGX Energy Inc. (OYL.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of CGX Energy Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.53%

Maximum Annual Current Ratio = 0.94

Minimum Annual Increase = -96.14%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.41-54.95%
20220.9086.63%
20210.48-42.04%
20200.84-10.70%
20190.941.53%
20180.06507.87%
20170.01-35.06%
20160.01-69.35%
20150.05-88.27%
20140.41-96.14%

CGX Energy Inc. (OYL.V) Average Current Ratio

How has OYL.V Current Ratio performed in the past?

The current Current Ratio of CGX Energy Inc. (OYL.V) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.60

5-year avg

0.71

10-year avg

0.41

CGX Energy Inc. (OYL.V) Current Ratio vs. Peers

How is OYL.V’s Current Ratio compared to its peers?

CGX Energy Inc.’s Current Ratio is

CompanyCurrent RatioMarket cap

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Frequently asked questions❓

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