Last C$0.08 CAD
Change Today -0.015 / -16.67%
Volume 33.9K
EDE On Other Exchanges
Symbol
Exchange
OTC US
Venture
London
Frankfurt
As of 11:22 AM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

edge resources inc (EDE) Snapshot

Open
C$0.08
Previous Close
C$0.09
Day High
C$0.09
Day Low
C$0.08
52 Week High
06/9/14 - C$0.28
52 Week Low
02/13/14 - C$0.07
Market Cap
12.3M
Average Volume 10 Days
32.1K
EPS TTM
C$-0.01
Shares Outstanding
163.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for EDGE RESOURCES INC (EDE)

Related News

No related news articles were found.

edge resources inc (EDE) Related Businessweek News

No Related Businessweek News Found

edge resources inc (EDE) Details

Edge Resources Inc., a junior oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in Canada. It owns interests in the Primate project located in Saskatchewan; and the Grand Forks project situated in Grand Forks, Alberta, as well as holds interest in 28 sections of land in the Willesden Green and Gilby areas located approximately 75 kilometers northwest of Red Deer, Alberta. Edge Resources Inc. was incorporated in 1968 and is headquartered in Calgary, Canada.

Founded in 1968

edge resources inc (EDE) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$185.0K
Chief Financial Officer
Total Annual Compensation: C$144.0K
Vice President of Operations and Member of Te...
Total Annual Compensation: C$170.0K
Compensation as of Fiscal Year 2014.

edge resources inc (EDE) Key Developments

Edge Resources Inc. Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

Edge Resources Inc. announced unaudited earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported revenue, net of royalties of CAD 1,967,391 compared to CAD 2,106,156 a year ago. Loss and comprehensive loss for the period was CAD 117,942 compared to CAD 214,990 a year ago. Net cash generated from operating activities was CAD 99,251 compared to net cash used in operating activities of CAD 184,697 a year ago. Property, plant and equipment expenditures were CAD 190,507 compared to CAD 126,381 a year ago. For the six months, the company reported revenue, net of royalties of CAD 4,771,816 compared to CAD 4,069,921 a year ago. Income and comprehensive income for the period was CAD 170,489 compared to loss and comprehensive loss for the period of CAD 245,668 a year ago. Net cash generated from operating activities was CAD 1,241,399 compared to CAD 849,698 a year ago. Property, plant and equipment expenditures were CAD 553,678 compared to CAD 555,433 a year ago.

Edge Resources Inc. Reports Production and Earnings Results for the First Quarter Ended June 30, 2014

Edge Resources Inc. reported production and earnings results for the first quarter ended June 30, 2014. For the quarter, the company’s production averaged 613 boepd versus 618 boepd in the previous quarter and 577 boepd in first quarter of 2013. For the quarter, the company reported Sales of CAD 3.5 million for the three months ended June 30, 2014 against CAD 2.3 million for the second quarter of 2013. The Company generated CAD 1.1 million in cash from operations for the 3 months ending June 30, 2014. Of the cash generated, CAD 360,000 was reinvested in capital programs and CAD 750,000 was used to pay down bank debt.

Edge Resources Inc. Announces New Revolving Demand Loan Facility

Edge Resources Inc. announced that it has agreed a new revolving demand loan facility of up to $17 million with ATB Corporate Financial Services. This Facility more than doubles the company's existing credit facilities, and replaces its previous $8 million facility with National Bank of Canada, which was originally entered into on February 28, 2012. The Facility will carry an interest rate of the Canadian prime rate ("Prime Rate") plus 1.75% per annum. This is significantly lower than the existing National Bank Facility which carried an interest rate of Prime Rate plus 3% per annum. The New Revolving Facility is secured against the assets of the company and is a borrowing base facility that is determined upon an independent engineering report from an engineering firm acceptable to ATB on all material hydrocarbon interests, including royalty interests, of the company.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
EDE:CN C$0.08 CAD -0.015

EDE Competitors

Market data is delayed at least 15 minutes.

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

Industry Analysis

EDE

Industry Average

Valuation EDE Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.3x
Price/Book 0.8x
Price/Cash Flow 21.2x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact EDGE RESOURCES INC, please visit www.edgeres.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.