ALOD Allied Resources Inc. featured news, full reports, and detailed charts
Allied Resources Inc. (ALOD/ALOD.OB) Wrap Up:
Allied Resources, Inc. engages in the exploration, development, production, and sale of oil and gas properties in the United States. Its properties are located in Calhoun and Ritchie Counties, West Virginia; and Goliad, Edwards, and Jackson Counties, Texas. As of December 31, 2007, the company’s proved developed and undeveloped reserves were 16,450 bbls of oil and 1,422,051 mcf of gas. It also owns varying interests in 145 wells. The company, formerly known as General Allied Oil and Gas Co., was founded in 1979 and is based in Salt Lake City, Utah.www.allied-resources-inc.com
Founded in 1979
Allied Resources Inc. (ALOD:OTC Bulletin Board Market)
LAST $0.34 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of November 18, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of Allied Resources Inc. (ALOD)
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OPEN
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PREVIOUS CLOSE
$0.34
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
12/23/08 - $0.35
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52 WEEK LOW
03/19/09 - $0.17
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MARKET CAP
1.9M
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AVERAGE VOLUME 3 mo
2.0K
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DILUTED EPS TTM
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SHARES OUTSTANDING
5.7M
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ALOD Does Not Pay Dividends
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P/E TTM
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ALOD Top Compensated Officers
Mr. Ruairidh Campbell
Chief Executive Officer, President, Chief Fin...
Age: 45
Total Annual Compensation: $96.0K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for Allied Resources Inc. (ALOD)
Allied Resources Inc. Reports Earnings Results for the Year Ended December 31, 2008
04/7/2009
Allied Resources Inc. reported earnings results for the year ended December 31, 2008. For the period, the company posted year over year increases in net income and net revenue, despite the tumultuous downward trend in energy prices throughout the later months of 2008. Net income increased to $251,961 from $145,722 for the comparative period ended December 31, 2007, an increase of 73%. Net revenue increased to $1,216,908 from $915,595 for the comparative period ended December 31, 2007, an increase of 33%.
Allied Resources Inc. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2008
11/17/2008
Allied Resources Inc. announced earnings results for the third quarter and nine months ended September 30, 2008. For the quarter the company reported that revenues increased to $324,317 from $221,027 for the comparative period ended September 30, 2007. Revenue increases had an appreciable effect on net income. Net income, after provision for income taxes, rose to $84,002 from $28,545 for the comparative period. The company continues to post record revenue due to higher energy prices over the reported period. For the nine months the company reported that revenues increased to $1,017 469 from $611,329 for the comparative period ended September 30, 2007. Net income after provision for income taxes, increased to $280,527 from $105,655 for the comparative period ended September 30, 2007.
Allied Resources Inc. Reports Earnings Results for the First Half of 2008
08/18/2008
Allied Resources Inc. reported earnings results for the first half of 2008. Oil and gas revenues for the first six months of 2008 increased 78% to $693,152 from $390,292 for the comparative period in 2007. Income, before provision for income taxes, rose to $297,525 for the first six months of 2008 from $112,910 for the comparative period in 2007, an increase of 164%. Net income increased 155% to $196,525 for the first six months of 2008 from $77,110 for the comparative period in 2007.
ALOD Competitors
| Company | Last | Change |
| Cabot Oil & Gas Corp | $38.22 USD | -0.58 |
| EQT Corp | $40.54 USD | -0.11 |
| Kinder Morgan Energy Partners LP | $55.99 USD | -0.23 |
| Newfield Exploration Co | $41.12 USD | -1.26 |
| NiSource Inc | $13.74 USD | -0.06 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | ALOD | Industry Range |
| Price/Earnings | 100.0x |
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| Price/Sales | 2.2x |
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| Price/Book | 0.5x |
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| Price/Cash Flow | 12.1x |
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| TEV/Sales | 1.0x |
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ALOD |
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ALOD transactions
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| No transactions in the last 6 months. | ||
More Recent News About Allied Resources Inc.
More news for ALOD
ALLIED RESOURCES INC Files SEC form 10-Q, Quarterly Report
Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS This Management's Discussion and Analysis of Financial Condition and Results of Operations and other parts of this quarterly report contain forward-looking statements that involve risks and uncertainties. Forward-looking statements can also be identified by words such as "anticipates," "expects," "believes," "plans," "predicts," and similar terms. Forward-looking statements are not guarantees of future performance and our actual results may differ significantly from the results discussed in the forward-looking statements. Factors that might cause such differences include but are not limited to those discussed in the subsection entitled Forward-Looking Statements and Factors That May Affect Future Results and Financial Condition below. The following discussion should be read in conjunction with our financial statements and notes thereto included in this report. Our fiscal year end is December 31. All information presented herein is based on the three month and nine month periods ended September 30, 2009. ALLIED Allied is an independent oil and natural gas producer involved in the exploration, development, production and sale of oil and gas derived from properties located in Calhoun and Ritchie Counties, West Virginia, and Goliad, Edwards and Jackson Counties, Texas. Discussion and Analysis Allied intends to continue to purchase non-operated oil and gas producing properties and acquire oil and gas leases that it can operate. Our criteria for purchasing oil and gas producing properties is defined by short term returns on investment, long term growth in revenue, and development potential, while our criteria for acquiring oil and gas leases is predicated on a proven record of historical production. The recent downturn in prices for energy has given rise to new opportunities to purchase i...Click here to read the whole Article (external link)
ALLIED RESOURCES INC Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
ALLIED RESOURCES INC Files SEC form 10-Q, Quarterly Report
Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS This Management's Discussion and Analysis of Financial Condition and Results of Operations and other parts of this quarterly report contain forward-looking statements that involve risks and uncertainties. Forward-looking statements can also be identified by words such as "anticipates," "expects," "believes," "plans," "predicts," and similar terms. Forward-looking statements are not guarantees of future performance and our actual results may differ significantly from the results discussed in the forward-looking statements. Factors that might cause such differences include but are not limited to those discussed in the subsection entitled Forward-Looking Statements and Factors That May Affect Future Results and Financial Condition below. The following discussion should be read in conjunction with our financial statements and notes thereto included in this report. Our fiscal year end is December 31. All information presented herein is based on the three month and six month periods ended June 30, 2009. ALLIED Allied is an independent oil and natural gas producer involved in the exploration, development, production and sale of oil and gas derived from properties located in Calhoun and Ritchie Counties, West Virginia, and Goliad, Edwards and Jackson Counties, Texas. Discussion and Analysis Allied intends to continue to purchase non-operated oil and gas producing properties and acquire oil and gas leases that it can operate. Our criteria for purchasing oil and gas producing properties is defined by short term returns on investment, long term growth in revenue, and development potential, while our criteria for acquiring oil and gas leases is predicated on a proven record of historical production. The recent downturn in prices for energy has given rise to new opportunities to purchase interes...Click here to read the whole Article (external link)
ALLIED RESOURCES INC Files SEC form 10-Q, Quarterly Report
Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS This Management's Discussion and Analysis of Financial Condition and Results of Operations and other parts of this quarterly report contain forward-looking statements that involve risks and uncertainties. Forward-looking statements can also be identified by words such as "anticipates," "expects," "believes," "plans," "predicts," and similar terms. Forward-looking statements are not guarantees of future performance and our actual results may differ significantly from the results discussed in the forward-looking statements. Factors that might cause such differences include but are not limited to those discussed in the subsection entitled Forward-Looking Statements and Factors That May Affect Future Results and Financial Condition below. The following discussion should be read in conjunction with our financial statements and notes thereto included in this report. Our fiscal year end is December 31. All information presented herein is based on the three month period ended March 31, 2009. ALLIED Allied is an independent oil and natural gas producer involved in the exploration, development, production and sale of oil and gas derived from properties located in Calhoun and Ritchie Counties, West Virginia, and Goliad, Edwards and Jackson Counties, Texas. Discussion and Analysis Allied intends to continue to purchase non-operated oil and gas producing properties and acquire oil and gas leases that it can operate. Our criteria for purchasing oil and gas producing properties is defined by short term returns on investment, long term growth in revenue, and development potential, while our criteria for acquiring oil and gas leases is predicated on a proven record of historical production. The recent downturn in prices for energy has given rise to new opportunities to purchase interests in distress...Click here to read the whole Article (external link)
ALLIED RESOURCES INC Files SEC form 10-K, Annual Report
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS This Management's Discussion and Analysis of Financial Condition and Results of Operations and other parts of this current report contain forward-looking statements that involve risks and uncertainties. Forward-looking statements can also be identified by words such as "anticipates," "expects," "believes," "plans," "predicts," and similar terms. Forward-looking statements are not guarantees of future performance and our actual results may differ significantly from the results discussed in the forward-looking statements. Factors that might cause such differences include but are not limited to those discussed in the subsection entitled Forward-Looking Statements and Factors That May Affect Future Results and Financial Condition below. The following discussion should be read in conjunction with our financial statements and notes thereto included in this current report. Our fiscal year end is December 31. Discussion and Analysis Allied intends to utilize net cash flow from operations to continue to acquire additional oil and gas producing properties and to implement improved production practices on existing wells to increase production and expand reserves where practicable. Allied believes that it can achieve production growth while expanding reserves through improved exploitation of its existing inventory of wells by disposing of non-productive wells and enhancing producing wells. An evaluation for this objective of our existing portfolio of oil and gas properties is now under consideration. Allied also intends to continue to expand non-operated and initiate operated acquisitions of additional oil or gas producing properties. Recovery from producing wells is consistently evaluated to consider cost-efficient work-over methods designed to improve the performance of the wells. When considering the drilling of new...Click here to read the whole Article (external link)
ALLIED RESOURCES INC Files SEC form 10-Q, Quarterly Report
Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS This Management's Discussion and Analysis of Financial Condition and Results of Operations and other parts of this quarterly report contain forward-looking statements that involve risks and uncertainties. Forward-looking statements can also be identified by words such as "anticipates," "expects," "believes," "plans," "predicts," and similar terms. Forward-looking statements are not guarantees of future performance and our actual results may differ significantly from the results discussed in the forward-looking statements. Factors that might cause such differences include but are not limited to those discussed in the subsection entitled Forward-Looking Statements and Factors That May Affect Future Results and Financial Condition below. The following discussion should be read in conjunction with our financial statements and notes thereto included in this report. Our fiscal year end is December 31. All information presented herein is based on the three and nine month periods ended September 30, 2008. ALLIED Allied is an independent oil and natural gas producer involved in the exploration, development, production and sale of oil and gas derived from properties located in Calhoun and Ritchie Counties, West Virginia, and Goliad, Edwards and Jackson Counties, Texas. Discussion and Analysis Allied's intends to utilize net cash flow from operations to purchase additional non-operated oil and gas producing properties, acquire available oil and gas leases as a licensed operator and implement improved production practices on existing wells. Our criteria for purchasing producing oil and gas properties is defined by short term returns on our investment, long term growth in cash flows, and potential for additional development. We are also focused on acquiring oil and gas leases with proven histori...Click here to read the whole Article (external link)
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