Baron Oil (LON:BOIL) Posts Earnings Results

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

Shares of LON:BOIL traded down GBX 0.01 ($0.00) on Friday, reaching GBX 0.11 ($0.00). The company had a trading volume of 43,243,895 shares, 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 50 day simple moving average is GBX 0.09 and its 200-day simple moving average is GBX 0.08. The firm has a market capitalization of $4.76 million and a PE 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.

Further Reading: Return on Investment (ROI) Defined, Explained

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