nextraction energy corp
(NE:Canadian Ventures Exchange)
nextraction energy corp (NE) Snapshot
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Open
C$0.18
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Previous Close
C$0.23
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Day High
C$0.23
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Day Low
C$0.18
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52 Week High
08/31/12 - C$0.36
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52 Week Low
06/29/12 - C$0.14
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Market Cap
8.5M
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Average Volume 10 Days
1.5K
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EPS TTM
C$-0.07
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Shares Outstanding
37.7M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
nextraction energy corp (NE) Related Businessweek News
No Related Businessweek News Foundnextraction energy corp (NE) Details
Nextraction Energy Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas reserves in Canada and the United States. The company holds 50% working interest in the Alexandra Provost Viking A Unit covering 2,000 net acres in east-central Alberta, and a 100% working interest in 1 section contiguous to the area; and owns 1,900 net acres along the northern extent of the Pinedale Anticline, a natural gas field, in the Green River basin of western Wyoming, the United States. It has proved plus probable reserves of 1,011 thousand barrels of oil equivalent. The company was founded in 2008 and is based in Vancouver, Canada.
nextraction energy corp (NE) Top Compensated Officers
nextraction energy corp (NE) Key Developments
Nextraction Energy Corp. filed its Annual on Apr 30, 2013 for the period ending Dec 31, 2012. In this report its auditor, KPMG LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
Nextraction Energy Corp. announced that in conjunction with the Cowboy acquisition, William Pedersen has joined the Nextraction management team as Vice President of Exploration. Mr. Pedersen is a geoscientist with over 29 years of experience in the oil and gas industry and has been the President & CEO of Cowboy for the past 8 years. Mr. Pedersen has a track record of growing production and creating shareholder value in a number of junior oil and gas companies.
Nextraction Energy Corp. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported net petroleum and natural gas revenue of CAD 338,178 compared to CAD 272,988 for the same period a year ago. Negative results from operating activities were CAD 292,399 compared to CAD 5,332,141 a year ago. Loss before income tax was CAD 427,675 compared to CAD 5,263,749 a year ago. Net loss was CAD 427,675 or CAD 0.02 per basic and diluted share compared to CAD 5,263,749 or CAD 0.20 per basic and diluted share for the same period a year ago. Net cash used in operating activities was CAD 119,877 compared to CAD 627,010 for the same period a year ago. Expenditures on petroleum and natural gas assets were CAD 1,532,868 compared to CAD 3,297,308 a year ago. Expenditures on exploration and evaluation assets were CAD 31,442 compared to CAD 352,707 a year ago. For the nine months, the company reported net petroleum and natural gas revenue of CAD 647,827 compared to CAD 658,381 for the same period a year ago. Negative results from operating activities were CAD 1,282,108 compared to CAD 7,143,600 a year ago. Loss before income tax was CAD 1,569,820 compared to CAD 7,139,703 a year ago. Net loss was CAD 1,496,666 or CAD 0.04 per basic and diluted share compared to CAD 7,139,703 or CAD 0.29 per basic and diluted share for the same period a year ago. Net cash used in operating activities was CAD 731,345 compared to CAD 2,382,707 for the same period a year ago. Expenditures on petroleum and natural gas assets were CAD 2,967,074 compared to CAD 4,214,238 a year ago. Expenditures on exploration and evaluation assets were CAD 32,338 compared to CAD 936,562 a year ago.
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| NE:CN | C$0.23 CAD | 0.00 |  |
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Industry Analysis
NE
Industry Average
| Valuation | NE | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 6.3x |
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| Price/Book | 0.9x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 3.4x |
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To contact NEXTRACTION ENERGY CORP, please visit www.nextraction.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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