Last C$0.85 CAD
Change Today 0.00 / 0.00%
Volume 13.0K
TVL On Other Exchanges
Symbol
Exchange
Venture
OTC US
As of 3:48 PM 11/26/14 All times are local (Market data is delayed by at least 15 minutes).

traverse energy ltd (TVL) Snapshot

Open
C$0.90
Previous Close
C$0.85
Day High
C$0.90
Day Low
C$0.85
52 Week High
06/12/14 - C$1.45
52 Week Low
12/24/13 - C$0.65
Market Cap
58.8M
Average Volume 10 Days
68.0K
EPS TTM
C$0.03
Shares Outstanding
69.2M
EX-Date
--
P/E TM
29.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for TRAVERSE ENERGY LTD (TVL)

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traverse energy ltd (TVL) Details

Traverse Energy Ltd. is engaged in the exploration, development, and production of petroleum and natural gas in Canada. The company has interests in the areas of Coyote, Willow, Hanna, Turin, and Brazeau in the province of Alberta. As of March 31, 2014, its undeveloped land holdings consisted of 173,700 net acres. The company was formerly known as Firstland Energy Limited and changed its name to Traverse Energy Ltd. in June 2009. Traverse Energy Ltd. was incorporated in 1995 and is headquartered in Calgary, Canada.

11 Employees
Last Reported Date: 04/15/14
Founded in 1995

traverse energy ltd (TVL) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: C$131.3K
Compensation as of Fiscal Year 2013.

traverse energy ltd (TVL) Key Developments

Traverse Energy Ltd. Announces Financial and Production Results for the Third Quarter and Nine Months Ended September 30, 2014

Traverse Energy Ltd. announced financial results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported petroleum and natural gas revenue of $5.336 million against $4.819 million a year ago. Cash flow from operating activities was $3.160 million or $0.05 per diluted share against $3.789 million or $0.08 per diluted share a year ago. Net income was $0.635 million or $0.01 per diluted share against $1.636 million or $0.03 per diluted share a year ago. Capital expenditures was $10.658 million against $4.957 million a year ago. For the nine months, the company reported petroleum and natural gas revenue of $14.209 million against $10.618 million a year ago. Cash flow from operating activities was $6.709 million or $0.10 per diluted share against $7.871 million or $0.16 per diluted share a year ago. Net income was $1.788 million or $0.03 per diluted share against $3.217 million or $0.07 per diluted share a year ago. Capital expenditures was $23.096 million against $9.393 million a year ago. For the quarter, the company produced natural gas of 3,710 Mcf/day against 1,560 Mcf/day a year ago. Oil and NGL was 497 bbls/day against 505 bbls/day a year ago. For the nine months, the company produced natural gas of 2,560 Mcf/day against 1,536 Mcf/day a year ago. Oil and NGL was 457 bbls/day against 389 bbls/day a year ago.

Traverse Energy Ltd. Reports Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2014

Traverse Energy Ltd. reported earnings and production results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported petroleum and natural gas revenue of $4.338 million against $3.038 million a year ago. Cash flow from operating activities was $1.461 million or $0.02 per basic and diluted share against $1.922 million or $0.04 per basic and diluted share a year ago. Funds from operations were $2.409 million or $0.02 per basic and diluted share against $2.124 million or $0.04 per basic and diluted share a year ago. Net income was $0.407 million or $0.01 per basic and diluted share against $1.060 million or $0.02 per basic and diluted share a year ago. Capital expenditures were $5.475 million against $1.674 million a year ago. For the six months, the company reported petroleum and natural gas revenue of $8.873 million against $5.799 million a year ago. Cash flow from operating activities was $3.549 million or $0.06 per basic and diluted share against $4.082 million or $0.09 per basic and diluted share a year ago. Funds from operations were $5.005 million or $0.08 per basic and diluted share against $4.161 million or $0.09 per basic and diluted share a year ago. Net income was $1.153 million or $0.02 per basic and diluted share against $1.581 million or $0.03 per basic and diluted share a year ago. Capital expenditures were $12.439 million against $4.435 million a year ago. For the quarter, the company reported natural gas production of 2,139 Mcf/day against 1,638 Mcf/day a year ago. Oil and NGL production was 418 bbls/day against 326 bbls/day a year ago. Total production was 775 BOE/day against 599 BOE/day a year ago. For the six months, the company reported natural gas production of 1,975 Mcf/day against 1,524 Mcf/day a year ago. Oil and NGL production was 436 bbls/day against 329 bbls/day a year ago. Total production was 765 BOE/day against 584 BOE/day a year ago.

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

Traverse Energy Ltd. announced unaudited earnings and production results for the first quarter ended March 31, 2014. For the quarter, the company reported petroleum and natural gas revenue of $4,535,000 against $2,761,000 a year ago. Funds flow from operations was $2,596,000 or $0.05 per basic and diluted share against $2,037,000 or $0.04 per basic and diluted share a year ago. Net income was $746,000 or $0.01 per basic and diluted share against $521,000 or $0.01 basic and diluted a year ago. Capital expenditures, net of dispositions were $6,964,000 against $2,761,000 a year ago. Cash flow from operating activities was $2,088,000 against $2,160,000 a year ago. For the quarter, the company's production of natural gas was 1,809 mcf/day against 1,409 mcf/day a year ago. Production of Oil and NGL was 455 bbls/day against 331 bbls/day a year ago. Total production was 756 BOE/day against 566 BOE/day a year ago.

 

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Valuation TVL Industry Range
Price/Earnings 29.1x
Price/Sales 3.7x
Price/Book 1.6x
Price/Cash Flow 7.3x
TEV/Sales 3.7x
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