Alvopetro Energy (ALV) to Release Earnings on Thursday

Alvopetro Energy (CVE:ALVGet Rating) will be releasing its earnings data after the market closes on Thursday, May 12th. Analysts expect Alvopetro Energy to post earnings of C$0.06 per share for the quarter.

Alvopetro Energy (CVE:ALVGet Rating) last announced its quarterly earnings results on Thursday, March 17th. The company reported C$0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.08 by C$0.01. The firm had revenue of C$12.48 million for the quarter, compared to analysts’ expectations of C$13.16 million.

Shares of CVE ALV opened at C$5.41 on Friday. The company’s fifty day moving average price is C$5.28 and its 200 day moving average price is C$4.84. Alvopetro Energy has a 1 year low of C$2.58 and a 1 year high of C$5.70. The company has a market capitalization of C$183.42 million and a PE ratio of 22.17. The company has a debt-to-equity ratio of 25.34, a quick ratio of 1.94 and a current ratio of 2.12.

Alvopetro Energy Company Profile (Get Rating)

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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