Last C$0.02 CAD
Change Today 0.00 / 0.00%
Volume 0.0
CAX On Other Exchanges
Symbol
Exchange
Toronto
OTC US
Berlin
As of 3:05 PM 10/23/14 All times are local (Market data is delayed by at least 15 minutes).

candax energy inc (CAX) Snapshot

Open
C$0.02
Previous Close
C$0.02
Day High
C$0.02
Day Low
C$0.02
52 Week High
10/28/13 - C$0.03
52 Week Low
11/21/13 - C$0.01
Market Cap
16.0M
Average Volume 10 Days
17.3K
EPS TTM
C$-0.01
Shares Outstanding
1.1B
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CANDAX ENERGY INC (CAX)

Related News

No related news articles were found.

candax energy inc (CAX) Related Businessweek News

No Related Businessweek News Found

candax energy inc (CAX) Details

Candax Energy Inc. acquires, explores for, and produces oil and gas in Tunisia. The company's primary producing assets include the El Bibane, Robbana, and Ezzaouia fields that are located in the southern Gulf of Gabès area in Tunisia. It also holds an interest in an exploration permit in Madagascar. The company was formerly known as Addax Energy Inc. and changed its name to Candax Energy Inc. in June 2004. The company was incorporated in 2004 and is headquartered in Toronto, Canada. Candax Energy Inc. is subsidiary of Geofinance N.V.

48 Employees
Last Reported Date: 03/27/14
Founded in 2004

candax energy inc (CAX) Top Compensated Officers

Executive Chairman, Chief Executive Officer, ...
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

candax energy inc (CAX) Key Developments

Candax Energy Inc. Reports Unaudited Earnings and Operating Results for the Second Quarter Ended June 30, 2014

Candax Energy Inc. announced unaudited earnings and operating results for the second quarter ended June 30, 2014. Production, net of royalties, for the quarter ended June 30, 2014 was 483 bopd compared to 457 bopd for the same period last year. The increase was a result of the improved production due to a successful workover campaign in the Ezzaouia field. In addition, the gas cycling program on the El Bibane asset continued to yield good results. Revenue for the quarter ended June 30, 2014 was $8.2 million compared to $8.3 million for the same period last year. The revenue is recognized seasonally due to the seasonal time interval between oil liftings, which resulted in 81,112 barrels of oil being transported to market during the second quarter. The company reported a loss for the quarter ended June 30, 2014 of $0.4 compared to a profit of $0.1 million for the same period last year. The difference relies on deferred tax adjustments recognized in 2013. The company continues to improve its operating profit.

Candax Energy Inc. Reports Earnings Results for the First Quarter Ended March 31, 2014

Candax Energy Inc. reported earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported operating loss of $638,000 compared to an operating loss of $869,000 for the same quarter ended March 31, 2013. Loss before income tax was $1.51 million, compared to a loss before income tax of $1.39 million for the same quarter ended March 31, 2013. Loss was $1.51 million, compared to a loss of $1.87 million for the same quarter ended March 31, 2013.

Candax Energy Inc. Reports Unaudited Earnings and Production Results for the First Quarter Ended March 31, 2014

Candax Energy Inc. reported unaudited earnings and production results for the first quarter ended March 31, 2014. For the quarter, the company reported revenue was $0 compared to $0 for the same period last year. The lack of revenue was due to the seasonal time interval between oil lifting’s, which resulted in no oil being transported to market during the first quarter. Loss of $1.5 million compared to a loss of $1.9 million for the same period last year. The loss for both periods was reflective of the fact no revenue was recognized for either period. For the quarter, the company reported production, net of royalties, was 491 bopd compared to 472 bopd for the same period last year. The increase was a result of the improved production due to a successful work over campaign in the Ezzaouia field.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CAX:CN C$0.02 CAD 0.00

CAX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for CAX.
View Industry Companies
 

Industry Analysis

CAX

Industry Average

Valuation CAX Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.9x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CANDAX ENERGY INC, please visit www.candax.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.