EDNE Eden Energy Corp. featured news, full reports, and detailed charts
Eden Energy Corp. (EDNE/EDNE.OB) Wrap Up:
Eden Energy Corp. engages in the exploration and development of petroleum and natural gas projects in Nevada, the United States and in the Province of Alberta, Canada. The company also involves in a development-drilling program for natural gas in Colorado. It was formerly known as E-Com Technologies Corp. The company was founded in 1999 and is headquartered in Vancouver, Canada.Eden Energy Corp. (EDNE:OTC Bulletin Board Market)
Snapshot of Eden Energy Corp. (EDNE)
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OPEN
$0.08
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PREVIOUS CLOSE
$0.08
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DAY HIGH
$0.09
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DAY LOW
$0.08
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52 WEEK HIGH
10/7/09 - $0.22
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52 WEEK LOW
07/9/09 - $0.01
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MARKET CAP
4.0M
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AVERAGE VOLUME 3 mo
38.0K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
49.5M
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EDNE Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
EDNE Top Compensated Officers
Executives, Board Directors
Key developments for Eden Energy Corp. (EDNE)
Eden Energy Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net loss of $401,084 or $0.01 per basic and diluted share, loss before other items of $319,674 on oil and gas revenue of $240,711 against net loss of $1,130,759 or $0.02 per basic and diluted share, loss before other items of $1,170,052 on oil and gas revenue of $525,464 for the same quarter last year. For the nine months, the company reported net loss of $2,486,856 or $0.05 per basic and diluted share, loss before other items of $2,410,535 on oil and gas revenue of $773,825 against net loss of $15,328,641 or $0.32 per basic and diluted share, loss before other items of $15,558,924 on oil and gas revenue of $1,985,268 for the same quarter last year. For the nine months of 2009, the company's net cash provided by operating activities was $588,110 against net cash used in operating activities of $250,709 for the same period last year.
On October 2, 2009, Eden Energy Corp. entered into a loan agreement to borrow the principal sum of up to $1,000,000 from Donald Sharpe, the company's President and a Director. The Loan is to be secured against company pursuant to a general security agreement, also dated effective October 2, 2009. Mr. Sharpe will make the Loan available to us, to be drawn down in an initial draw of $500,000 and, upon the provision of 30 days written notice, further draws of not less than $50,000, to an aggregate maximum of $1,000,000. The initial draw has been advanced to the company. The Loan is to bear interest from the date any funds are advanced to the date of full repayment of all amounts outstanding under the Loan, at 20% per annum. Interest shall be payable quarterly, in arrears, commencing January 5, 2010, and quarterly thereafter, for the initial draw.
Eden Energy Corp. reported consolidated and unaudited earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported net loss of $194,901, loss before other items of $194,459 and comprehensive loss of $194,694 on oil and gas revenue of $262,426 against net loss of $10,088,734 or $0.21 loss per basic and diluted share, loss before other items of $10,111,325 and comprehensive loss of $10,088,690 on oil and gas revenue of $1,002,138 for the same quarter last year. For the six months, the company reported net loss of $2,085,772 or $0.04 loss per basic and diluted share, loss before other items of $2,090,861 and comprehensive loss of $194,694 on oil and gas revenue of $533,114 against net loss of $14,197,882 or $0.30 loss per basic and diluted share, loss before other items of $14,388,872 and comprehensive loss of $10,088,690 on oil and gas revenue of $1,459,804 for the same period last year. For the six months of 2009, the company's net loss from operations was $2,085,772 and net cash provided by operating activities was $647,239 against net loss from operations of $14,197,882 and net cash used in operating activities of $132,489 for the same period last year.
EDNE Competitors
| Company | Last | Change |
| American Oil & Gas Inc | $2.91 USD | +0.08 |
| Credo Petroleum Corp | $9.98 USD | +0.18 |
| Double Eagle Petroleum Co | $4.54 USD | +0.14 |
| Gasco Energy Inc | $0.45 USD | -0.0203 |
| Tengasco Inc | $0.47 USD | -0.0087 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | EDNE | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 2.7x |
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| Price/Book | 1.1x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 2.5x |
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EDNE transactions
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| No transactions in the last 6 months. | ||
