VELXF
Price:
$0.0011
Market Cap:
$2.65M
Canadian Overseas Petroleum Limited, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of oil and natural gas offshore reserves in Africa. Its Wyoming operations are environmentally responsible with minimal gas flaring and methane emissions combined with electricity sourced from a neighboring wind farm to power production facilities. The company was formerly known as Velo Energy Inc. and changed its name to Canadian Overseas Petroleum Limited in July 2010. The company is headquartered in Calgary, Canada.[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2018-11-28
Stock Exchange
PNK
Ticker
VELXF
According to Canadian Overseas Petroleum Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.19. This represents a change of -65.51% compared to the average of 0.55 of the last 4 quarters.
The mean historical Current Ratio of Canadian Overseas Petroleum Limited over the last ten years is 2.09. The current 0.19 Current Ratio has changed 799.96% with respect to the historical average. Over the past ten years (40 quarters), VELXF's Current Ratio was at its highest in in the December 2018 quarter at 6.34. The Current Ratio was at its lowest in in the March 2020 quarter at 0.07.
Average
2.09
Median
1.58
Minimum
0.12
Maximum
6.34
Discovering the peaks and valleys of Canadian Overseas Petroleum Limited 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 = 153.71%
Maximum Annual Current Ratio = 6.34
Minimum Annual Increase = -98.07%
Minimum Annual Current Ratio = 0.12
Year | Current Ratio | Change |
---|---|---|
2022 | 0.48 | 72.86% |
2021 | 0.28 | 23.43% |
2020 | 0.22 | 83.57% |
2019 | 0.12 | -98.07% |
2018 | 6.34 | 77.59% |
2017 | 3.57 | 19.69% |
2016 | 2.98 | 78.12% |
2015 | 1.67 | -55.61% |
2014 | 3.77 | 153.71% |
2013 | 1.49 | -1.61% |
The current Current Ratio of Canadian Overseas Petroleum Limited (VELXF) 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
0.33
5-year avg
1.49
10-year avg
2.09
Canadian Overseas Petroleum Limited’s Current Ratio is less than Lucero Energy Corp. (0), less than ShaMaran Petroleum Corp. (2.64), less than Africa Energy Corp. (4.89), less than SandRidge Mississippian Trust I (0.25), greater than Questerre Energy Corporation (0), less than Orca Energy Group Inc. (3.02), less than Petrus Resources Ltd. (1.96), less than Inpex Corporation (0.42), less than Coelacanth Energy Inc. (1.44), less than Melbana Energy Limited (3.51), less than Invictus Energy Limited (1.27), less than Pancontinental Energy NL (1.10), less than Japan Petroleum Exploration Co., Ltd. (0), less than Spartan Delta Corp. (5.43), less than null (2.79), less than null (0.80),
Company | Current Ratio | Market cap |
---|---|---|
0 | $172.17M | |
2.64 | $256.13M | |
4.89 | $22.52M | |
0.25 | $2.46M | |
0 | $72.85M | |
3.02 | $105.06M | |
1.96 | $122.01M | |
0.42 | $15.35B | |
1.44 | $281.25M | |
3.51 | $67.40M | |
1.27 | $68.24M | |
1.10 | $117.09M | |
0 | $1.82B | |
5.43 | $390.63M | |
2.79 | $0 | |
0.80 | $0 |
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