Cano Petroleum, Inc. (AMEX:CFW)
About Cano Petroleum, Inc. Cano Petroleum, Inc. (Cano), is an independent oil and natural gas company. The Company’s assets are located onshore United States in Texas, New Mexico and Oklahoma. As of September 22, 2010, Cano had 18 wells containing multiple completions. On September 22, 2010, the Company had total acreage of 59,545 gross acres and 59,085 net acres, all of which was considered developed acreage. The Company sells its crude oil and natural gas production to multiple independent purchasers. As of June
30, 2010, Cano had a total of 34.2 million barrels of oil equivalent (MMBOE) of proved undeveloped reserves. During the fiscal year ended June 30, 2010 (fiscal 2010), 10% or more of its total revenues were attributable to four customers accounting for 33% (Valero Marketing Supply Co.), 22% (Coffeyville Resources Refinery and Marketing, LLC), 18% (Plains Marketing, LP), and 10% (DCP Midstream, LP) of total operating revenue, respectively.
Statistics Symbol
CFW
Beta:
1.89
Current Price
$0.30
Market Capitalization:
13.63M
52 week range
$0.28 - $1.39
Shares Outstanding
45.45M
Avg Volume
301,437.00
Float:
33.75M
Financials Cano Petroleum, Inc. (AMEX:CFW) generated total revenue of $6.24 million in current quarter which is faintly less than previous quarter’s revenue which was $27.23. Operating income has also increased from $21.21 million to $44.78 million in last quarter. The company’s cash flow from operation stood at $2.24 million as contrasted to last quarter’s cash flow from operation which was placed at negative $0.21 million. According to latest financials as on September 30, 2010 total assets mount up to $258.64 million. Return on equity and return on assets both are increasing. Total liabilities and total equity stand at $127 million, $131 million respectively.
Cubic Energy, Inc. (AMEX:QBC)
About Cubic Energy, Inc. Cubic Energy, Inc., an independent energy company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids primarily in Texas and Louisiana. The company’s Texas properties are located in Palo Pinto, Eastland, and Callahan Counties; and Louisiana properties are situated in Caddo Parish and in Desoto Parish. As of June 30, 2009, it had total proved reserves of approximately 21,076,880 thousand cubic feet of natural gas equivalent. The company was founded in 1978 and is based in Dallas, Texas.
Statistics
Symbol
QBC
bETA:
-0.04
Current Price
$1.03
Market Capitalization:
77.58M
52 week range
$0.55 - $1.71
Shares Outstanding
75.39M
Avg Volume
102,318.00
Float:
21.99M
Financials Cubic Energy, Inc. (AMEX:QBC) generated total revenue of $0.55 million in current quarter as on September 30th, 2010 which is slightly lower than last quarter ending revenue $1.63 million. However, total net income is still negative but has improved from last quarter. The company’s cash flow from financing activities has decreased to $4.90 million that shows an average indication as company would be paying less as interest payment on future debts. Total current assets and current liabilities stood at $4.21 million and 1.19 respectively in present quarter which is a good sing as there would more net income and less interest payment in future.
Ur-Energy Inc. (USA) (AMEX:URG)
About Ur-Energy Inc Ur-Energy Inc., a development stage junior mining company, engages in the identification, acquisition, evaluation, exploration, and development of uranium mineral properties in Canada and the United States. It has a land portfolio of 12 properties in Wyoming in the United States; the Screech Lake and Gravel Hill properties in the Northwest Territories, Canada; and the Bugs property in the Kivalliq region of the Baker Lake Basin in Nunavut, Canada. The company was founded in 2004 and is headquartered in Littleton, Colorado.
Statistics Symbol
URG
Float:
96.54M
Current Price
$2.67
Market Capitalization:
271.35M
52 week range
$0.73 - $2.70
Shares Outstanding
99.16M
Avg Volume
1.38M
Beta
1.73
Financials Ur-Energy Inc. (USA) (AMEX:URG) reported decrease in 2.10 percent in its total revenue for the quarter ended September 30th, 2010. The company reported a considerable increase in cash flow from operation which stood at negative $13.7 million compared to last ended quarter which was 0.01. The company’s total assets accumulate up to $1.95 billion with highest proportion of fixed assets in its composition. The company managed to maintain a high short term liquidity position with current ratio of 17.37 times which depicts that current assets are maintained 17.37 times more than the company’s current liabilities. However, return on asset and return on equity both are negative.
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