hip energy corp (HIPCF:OTC US)
hip energy corp (HIPCF) Snapshot
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$0.01
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52 Week High
09/18/12 - $0.02
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52 Week Low
12/11/12 - $0.01
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Average Volume 10 Days
0.0
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Shares Outstanding
60.7M
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Related News
hip energy corp (HIPCF) Related Businessweek News
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HIP Energy Corporation, a development stage company, develops and operates oil well bores in Texas. The company engages in the development and application of the HIP Downhole Process Technology on oil and gas wells or well bores. It holds interests in 51 well bores located in west Texas and 1 well bore located in central Texas; and an additional 41 wells and well bores located in east Texas and 60 wells and well bores located in west Louisiana. The company was formerly known as Bradner Ventures Ltd. and changed its name to HIP Energy Corporation in November 2009. HIP Energy Corporation was founded in 1983 and is based in West Vancouver, Canada.
hip energy corp (HIPCF) Key Developments
HIP Energy Corp. reported consolidated earnings results for the full year ended November 30, 2012. For the period, the company reported net loss and comprehensive loss was $451,285 or $0.01 per basic and diluted share against net loss and comprehensive loss was $668,208 or $0.01 per basic and diluted share a year ago. Net cash used in operating activities was $131,803 compared to $27,503 a year ago.
HIP Energy Corp. filed its Annual on Apr 02, 2013 for the period ending Nov 30, 2012. In this report its auditor, Malone & Bailey, PLLC, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
HIP Energy Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended August 31, 2012. For the quarter, the company reported net loss and comprehensive loss of $88,503 against $300,610 a year ago. For the nine months, the company reported net loss and comprehensive loss of $273,797 against $511,445 a year ago. Net cash used in operating activities was $103,872 against $237,548 a year ago.
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Industry Analysis
HIPCF
Industry Average
| Valuation | HIPCF | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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To contact HIP ENERGY CORP, please visit www.hipenergycorp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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