Alvopetro Energy (CVE:ALV) Posts Quarterly Earnings Results

Alvopetro Energy (CVE:ALVGet Rating) released its earnings results on Tuesday. The company reported C$0.31 EPS for the quarter, reports. The firm had revenue of C$21.75 million during the quarter.

Alvopetro Energy Trading Down 0.9 %

Shares of Alvopetro Energy stock traded down C$0.06 during trading on Friday, reaching C$6.53. 21,758 shares of the company were exchanged, compared to its average volume of 15,676. The company has a quick ratio of 2.04, a current ratio of 2.19 and a debt-to-equity ratio of 15.87. Alvopetro Energy has a twelve month low of C$3.84 and a twelve month high of C$8.59. The business has a 50-day moving average price of C$6.57 and a 200-day moving average price of C$6.61. The firm has a market capitalization of C$236.39 million and a price-to-earnings ratio of 7.49.

About Alvopetro Energy

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Alvopetro Energy Ltd. engages in the acquisition, exploration, development, and production of hydrocarbons. As of December 31, 2021, it held interests in the Caburé and Murucututu natural gas assets; two exploration assets comprising Blocks 182 and the western portion of Block 183; and two oil fields, Bom Lugar and Mãe-da-lua, which include 22,166 acres in the Recôncavo basin onshore Brazil.

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Earnings History for Alvopetro Energy (CVE:ALV)

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