Eco (Atlantic) Oil & Gas Ltd.

LSE:ECO.L

Sector

⚡️ Energy

Industries

🛢 Offshore Drilling

🛠 Drilling

⛏️ Mining

⛽ Oil & Gas

🛢 Oil Sands

Location

Canada

Market Cap

USD 43.98 M

Share Price

USD 0.13

Avg Daily Volume

781,178

Change (1 day)

1.61%

Change (1 year)

-9.66%

Change (YTD)

-0.66%

Eco (Atlantic) Oil & Gas Ltd. EBIT for the year ending March 31, 2024: USD -4.84 M

Eco (Atlantic) Oil & Gas Ltd. EBIT is USD -4.84 M for the year ending March 31, 2024, a -87.57% change year over year. EBIT means earnings before interest and taxes, it is calculated as operating income plus non-operating income.

Eco (Atlantic) Oil & Gas Ltd. EBIT for the year ending March 31, 2023 was USD -38.95 M, a 915.80% change year over year.
Eco (Atlantic) Oil & Gas Ltd. EBIT for the year ending March 31, 2022 was USD -3.83 M, a 4.58% change year over year.
Eco (Atlantic) Oil & Gas Ltd. EBIT for the year ending March 31, 2021 was USD -3.67 M.

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Key data

Date	EBIT	EBITDA	Net Income	EPS (Diluted)

LSE: ECO.L

Eco (Atlantic) Oil & Gas Ltd.

CEO	Mr. Gil Holzman
IPO Date	Feb. 8, 2017
Location	Canada
Headquarters	7 Coulson Avenue
Employees	3
Sector	⚡️ Energy
Industries Offshore Drilling 🛠 Drilling ⛏️ Mining ⛽ Oil & Gas 🛢 Oil Sands

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.