Last C$0.50 CAD
Change Today 0.00 / 0.00%
Volume 0.0
COQ On Other Exchanges
Symbol
Exchange
Venture
OTC US
As of 11:48 AM 09/17/14 All times are local (Market data is delayed by at least 15 minutes).

rooster energy ltd (COQ) Snapshot

Open
C$0.50
Previous Close
C$0.50
Day High
C$0.50
Day Low
C$0.50
52 Week High
10/28/13 - C$0.85
52 Week Low
03/31/14 - C$0.35
Market Cap
52.7M
Average Volume 10 Days
1.7K
EPS TTM
C$-0.02
Shares Outstanding
105.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ROOSTER ENERGY LTD (COQ)

Related News

No related news articles were found.

rooster energy ltd (COQ) Related Businessweek News

No Related Businessweek News Found

rooster energy ltd (COQ) Details

Rooster Energy Ltd., through its subsidiaries, explores for, develops, and produces oil and gas properties in the United States. The company focuses on the development of resources in the shallow waters of the Gulf of Mexico. As of March 31, 2014, its primary assets consist of operating rights interests and/or record title interests in 14 oil and gas leases or blocks that contain 20 gross producing oil and/or natural gas wells. The company is headquartered in Houston, Texas.

rooster energy ltd (COQ) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $500.0K
Chief Financial Officer
Total Annual Compensation: $200.0K
Senior Vice President of Operations
Total Annual Compensation: $300.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $280.0K
Compensation as of Fiscal Year 2013.

rooster energy ltd (COQ) Key Developments

Rooster Energy Ltd. Reports Unaudited Earnings and Operating Results for the Second Quarter and Six Months Ended June 30, 2014

Rooster Energy Ltd. reported unaudited earnings and operating results for the second quarter and six months ended June 30, 2014. For the quarter, the company has posted revenue of $7,877,628 against $10,731,229 a year ago. Loss before tax expense was $3,056,212 against income before tax expense of $817,796 a year ago. Loss was $2,744,212 or $0.03 basic and diluted against income of $58,796 or $0.00 basic and diluted per share a year ago. Capital expenditures were $573,844 against $9,677,716 a year ago. EBITDAX was $3,319,191 against $6,186,928 a year ago. For the six months, the company has posted revenue of $15,571,769 against $22,289,783 a year ago. Loss before tax expense was $1,354,530 against $747,677 a year ago. Loss was $1,658,530 or $0.02 basic and diluted per share against $662,677 or $0.01 basic and diluted per share a year ago. Capital expenditures were $2,562,337 against $9,920,031 a year ago. EBITDAX was $7,083,126 against $13,171,150 a year ago. For the quarter, total sales were 1,310 BOE/day against 2,315 BOE/day a year ago. For the six months, total sales were 1,259 BOE/day against 2,502 BOE/day a year ago.

Rooster Energy Ltd. Proposes Offering of $100 Million of Senior Secured Notes; Provides Earnings and Production Guidance for the Second Quarter Ended June 30, 2014

Rooster Energy Ltd. announced that it intends to commence a private offering to eligible purchasers, subject to market and other conditions, of USD 100 million in aggregate principal amount of senior secured notes due 2019. The company intends to use the net proceeds from the proposed offering to repay existing indebtedness, fund the cash portion of the acquisition of all of the membership interest of Morrison Well Services, LLC, and for general corporate purposes. The notes to be offered have not been registered under the United States Securities Act of 1933, as amended, or any state securities laws and, unless so registered, may not be offered or sold in the United States or to U.S. persons, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The notes also will not be qualified for public distribution under the securities laws of any Canadian jurisdiction and may not be offered or sold in Canada, except pursuant to an exemption from the prospectus requirements of such laws. The notes will be offered only to persons reasonably believed to be qualified institutional buyers in the United States in reliance on Rule 144A under the Securities Act and non-U.S. persons in transactions outside the United States in reliance on regulations under the Securities Act. The company announced that pro forma revenues for the second quarter ended June 30, 2014, assuming completion of the acquisitions, are expected to be between USD 28.0 million and USD 31.0 million. Increased revenues were primarily driven by the start-up of production at West Delta 44/45, improved utilization at Well Services and the initiation of its 2014 plugging & abandonment program at offshore fields that Cochon purchased from Nexen Petroleum Offshore U.S.A. Inc. and Nexen Petroleum U.S.A. Inc. Pro forma Adjusted EBITDAX is expected to be between USD 9.0 million and USD 11.0 million. The company announced that pro forma production is expected to average between 2,400 Boe/d and 2,500 Boe/d for the second quarter ended June 30, 2014, compared to 1,822 Boe/d for the quarter ended March 31, 2014; the company pro forma 7-day average daily net production at June 30, 2014 was approximately 3,300 Boe/d.

Rooster Energy Ltd. Announces Unaudited Earnings and Operating Results for the First Quarter Ended March 31, 2014

Rooster Energy Ltd. announced unaudited earnings and operating results for the first quarter ended March 31, 2014. For the quarter, revenue was $7,694,141, operating income was $2,663,231, income before tax expense was $1,701,682, income was $1,085,682 or $0.01 per diluted share, capital expenditures were $1,988,493 and EBITDAX was $3,763,933 against revenue of $11,558,554, operating loss of $346,753, loss before tax expense of $1,565,474, loss of $721,474 or $0.01 per diluted share, capital expenditures of $242,314 and EBITDAX of $6,984,221 a year ago. The company reported total sales of 1,182 BOE per day for the first quarter of 2014 against 2,632 BOE per day for the same period a year ago.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
COQ:CN C$0.50 CAD 0.00

COQ Competitors

Market data is delayed at least 15 minutes.

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

Industry Analysis

COQ

Industry Average

Valuation COQ Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.4x
Price/Book 1.9x
Price/Cash Flow 6.2x
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ROOSTER ENERGY LTD, please visit www.roosterenergyltd.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.