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Eco (Atlantic) Oil & Gas Ltd

Company price
41.7 GBX 1.70 ( 4.25%)
Last update at 2026-10-27T16:35:00Z
VOLUME
306678
Market Cap
192.98M

Momentum Score

…

Eco (Atlantic) Oil & Gas Ltd. engages in the identifying, acquiring, and exploring oil and gas assets in the Co-Operative Republic of Guyana, Republic of Namibia, and South Africa. The company holds a 100% working interest in the Orinduik block comprising 1,354 square kilometers located in the Suriname Guyana basin; and 17.5% 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; Sharon Block, which covers an area of approximately 5,700 square kilometers; Guy License covering an area of approximately 11,457 square kilometers; and Tamar Block that covers an area of approximately 5,649 square kilometers located in the Walvis Basin offshore, Namibia. In addition, the company holds two offshore petroleum licenses in South Africa, including 2B Block and the 3B/4B Block. Eco (Atlantic) Oil & Gas Ltd. is headquartered in Toronto, Canada.

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Day Price Range
37.70
Low
41.90
High
52 Week Price Range
6.79
Low
67.00
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
40.00
Dividend Yield
-
Revenue TTM
0.09M
Revenue Per Share
-
Gross Profit TTM
-2.39M
Debt / Equity
0.02
ROE
-4.05%
Net Debt
-4.73M
ROCE
-27.14%
Diluted EPS TTM
-

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-03-31 2024-03-31 2023-09-30 2023-06-30 2023-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-09-30 2023-06-30 2023-03-31
Income before tax -2.20M -21.67M -23.26M -34.74M -36.63M
Minority interest - -0.11M - - -
Net income -2.20M -21.25M -21.74M -34.56M -36.55M
Selling general administrative 1.67M 1.33M 3.18M 4.15M 5.39M
Selling and marketing expenses - 3.36M - - -
Gross profit - 0.00M - - 0.07M
Ebit - -4.84M - - -38.95M
Ebitda -2.20M 11.98M - - -40.78M
Depreciation and amortization - 16.82M - - -1.83M
Operating income -5.53M -4.84M -23.93M -35.55M -38.95M
Other operating expenses 5.53M 4.84M - - 38.43M
Interest expense - 0.01M - - -
Tax provision 0.00M -0.54M - - -
Interest income 0.09M 0.00M - - -
Net interest income 0.08M -0.01M -0.02M -0.03M -0.03M
Income tax expense - -0.54M - - -0.64M
Total revenue 0.00M 0.00M 0.01M 0.05M 0.07M
Total operating expenses 5.53M 4.84M 23.94M 35.59M 38.43M
Total other income expense net 3.33M -16.83M 0.70M 0.84M 1.76M
Discontinued operations - - - - 0.08M
Net income from continuing ops -2.28M -21.14M -22.72M -34.74M -36.63M
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Total assets 21.56M 31.26M 55.62M 45.87M 16.93M
Intangible assets 16.45M 28.17M 40.85M 30.75M 2.48M
Other current assets - - - 2.06M 0.19M
Total liab 1.18M 1.25M 4.97M 5.65M 0.95M
Total stockholder equity 20.38M 30.02M 50.65M 40.22M 16.03M
Other current liab 0.15M 0.20M 0.70M 3.72M 0.10M
Common stock 107.13M 122.09M 121.57M 63.14M 59.10M
Capital stock 107.13M 122.09M 121.57M 63.14M 59.10M
Retained earnings -100.07M -109.10M -87.96M -51.41M -44.81M
Other assets - - - - 0.49M
Cash 4.73M 2.97M 4.11M 3.44M 11.81M
Total current liabilities 1.18M 1.25M 4.97M 5.65M 0.62M
Net debt -4.73M -2.97M -4.11M -3.44M -11.46M
Short term debt - - - - 0.02M
Short long term debt total - - - - 0.35M
Other stockholder equity 13.81M 17.68M 17.58M 29.53M 2.68M
Property plant equipment - - 40.85M 30.75M 1.40M
Total current assets 5.12M 3.10M 6.15M 5.84M 13.62M
Long term investments - 0.00M 8.61M 9.28M -
Net tangible assets - - - 40.22M 14.62M
Short term investments 0.07M 0.01M 0.01M 0.05M 1.55M
Net receivables 0.32M 0.12M 2.03M 0.29M 0.26M
Accounts payable 1.03M 1.04M 4.27M 1.93M 0.50M
Accumulated other comprehensive income -0.49M -0.65M -0.54M -1.04M -0.93M
Common stock total equity - - - - 59.10M
Non currrent assets other - - - - 0.49M
Non current assets total 16.45M 28.17M 49.46M 40.03M 3.31M
Capital lease obligations - - - 0.00M 0.35M
Breakdown 2025-03-31 2024-03-31 2023-09-30 2023-06-30 2023-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-09-30 2023-06-30 2023-03-31
Investments 7.24M 4.30M 3.45M - 0.95M
Change to liabilities - - - - 0.00M
Total cashflows from investing activities 6.99M 4.30M - - 0.95M
Total cash from financing activities - 0.00M -0.06M 0.08M 35.67M
Net income -2.20M -21.14M -21.74M -34.56M -36.63M
Change in cash 1.76M -1.14M -20.86M -35.97M 0.67M
Begin period cash flow 2.96M 4.11M 24.59M 38.75M 3.44M
End period cash flow 4.73M 2.97M 3.73M 2.78M 4.11M
Total cash from operating activities -5.33M -5.33M -24.24M -37.00M -35.79M
Issuance of capital stock - 0.00M 0.00M 0.08M 35.67M
Other cashflows from investing activities 7.19M 5.00M - - -
Change to account receivables -0.05M 1.48M 1.04M -1.30M -1.27M
Other cashflows from financing activities - 4.30M - - 0.95M
Capital expenditures 0.14M 0.00M 0.00M 0.00M 1.60M
Change in working capital -0.26M -1.42M -2.48M -2.33M 1.03M
Stock based compensation 0.43M 0.10M 1.31M 2.08M 2.97M
Other non cash items -2.87M 17.13M - - -3.15M
Free cash flow -5.48M -5.33M -25.84M -38.60M -37.39M

Peer Comparison*

Sector: Energy Industry: Oil & Gas E&P

Stock Name
Change
(GBX)
Price
(GBX)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
ECO
Eco (Atlantic) Oil & Gas Ltd
1.70
4.25%
41.70 - - 118.38 13.56 126.97 -7.10
HBR
Harbour Energy PLC
0.20
0.07%
305.00 - 13.18 0.42 0.96 1.09 1.75
ITH
Ithaca Energy PLC
-4.00
1.29%
305.80 - 13.07 1.36 2.17 2.35 3.83
SEPL
Seplat Petroleum Development Company PLC
-3.00
0.37%
817.00 23.75 26.11 1.05 2.13 1.72 3.65
ENOG
Energean Oil & Gas PLC
-2.50
0.33%
762.50 - 4.67 0.91 14.53 3.15 6.77

Profile*

Eco (Atlantic) Oil & Gas Ltd

Eco (Atlantic) Oil & Gas Ltd. engages in the identifying, acquiring, and exploring oil and gas assets in the Co-Operative Republic of Guyana, Republic of Namibia, and South Africa. The company holds a 100% working interest in the Orinduik block comprising 1,354 square kilometers located in the Suriname Guyana basin; and 17.5% 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; Sharon Block, which covers an area of approximately 5,700 square kilometers; Guy License covering an area of approximately 11,457 square kilometers; and Tamar Block that covers an area of approximately 5,649 square kilometers located in the Walvis Basin offshore, Namibia. In addition, the company holds two offshore petroleum licenses in South Africa, including 2B Block and the 3B/4B Block. Eco (Atlantic) Oil & Gas Ltd. is headquartered in Toronto, Canada.

7 Coulson Avenue, Toronto, ON, Canada, M4V 1Y3

416-250-1955

Name Title Year Born
Mr. Gil Holzman Co-Founder, CEO, Pres & Exec. Director 1972
Mr. Alan Mark Rootenberg B.Com., B.Comm, C.A., CPA Chief Financial Officer 1952
Mr. Colin Brent Kinley COO & Director 1960
Mr. Alan Mark Friedman B.Com., Bcomm, Bproc Law Exec. VP, Corp. Sec. & Director 1972
Mr. Gadi Levin B.Com., C.A., CPA, M.B.A., MBA Fin. Director & Director 1973
Alice Carroll Head of Marketing & IR NA
Mr. Derek N. Linfield BA(Ed), BSc., LLB., MBA. Consultant 1957
Mr. Gil Holzman Co-Founder, CEO, President & Executive Director 1972
Mr. Gadi Levin B.Com., C.A., CPA, M.B.A. Chief Financial Officer 1973
Ms. Keely Pearce Vice President of Operations NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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