Baron Oil (LON:BOIL) Announces Quarterly Earnings Results

Baron Oil (LON:BOIL) posted its quarterly earnings data on Friday. The company reported GBX (0.02) ($0.00) EPS for the quarter, Digital Look Earnings reports.

LON:BOIL traded down GBX 0.01 ($0.00) during trading hours on Friday, hitting GBX 0.11 ($0.00). 43,243,895 shares of the stock were exchanged, compared to its average volume of 74,206,758. Baron Oil has a 52-week low of GBX 0.01 ($0.00) and a 52-week high of GBX 0.57 ($0.01). The firm’s fifty day moving average price is GBX 0.09 and its 200 day moving average price is GBX 0.08. The company has a market cap of $4.76 million and a P/E ratio of -1.08.

About Baron Oil

Baron Oil Plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves, and other related activities. It has an option to acquire a 15% working interest in the Wick prospect; and a 5% working interest in P1918 offshore license, which consists of the Colter prospect, as well as a 5% working interest in 330 and 345 onshore licenses located in the United Kingdom.

See Also: Outstanding Shares

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