Eco Atlantic Oil & Gas (TSE:EOG)
:EOG
EOG Stock Chart & Stats
C$0.39
C$0.02(7.14%)
At close: 4:00 PM EST
C$0.39
C$0.02(7.14%)
Day’s Range― - ―
52-Week RangeC$0.13 - C$1.20
Previous CloseN/A
Volume133.85K
Average Volume (3M)147.72K
Market Cap
C$330.28M
Enterprise ValueC$248.79M
Total Cash (Recent Filing)C$3.01M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)43.8
Beta-0.35
Next Earnings
Aug 04, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)<0.01
Shares Outstanding345,841,030
10 Day Avg. Volume143,929
30 Day Avg. Volume147,721
Financial Highlights & Ratios
PEG Ratio0.30
Price to Book (P/B)2.90
Price to Sales (P/S)0.00
P/FCF Ratio-10.79
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$2.12Price Target Upside443.20% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Conservative Balance Sheet (minimal Debt)Zero or negligible debt provides durable financial flexibility for an exploration company. It lowers default and refinancing risk, enables the firm to negotiate farm‑outs from a position of strength, and gives time to monetize licenses without immediate solvency pressure, supporting multi‑month project execution.
Asset‑light, Partner‑focused Business ModelA partnership and farm‑out model sustainably reduces upfront capital needs and transfers drilling risk to partners. This structure conserves cash, aligns incentives with operators who fund high‑cost activities, and allows the company to scale prospect exposure without becoming a large capital consumer over the next several months.
Multiple Monetization Pathways From Its PortfolioHaving clear, structural exit routes — farm‑outs, asset sales, and success‑based upside from discoveries — provides optionality. This portfolio monetization flexibility lets the company capture value events or crystallize gains without needing sustained production, a lasting advantage for frontier explorers.
Bears Say
Persistent Negative Cash FlowOngoing negative operating and free cash flow indicates structural cash burn that cannot self‑fund exploration or seismic/drilling costs. Over months this increases reliance on external funding or dilutive farm‑outs, constraining autonomy and potentially forcing unfavorable deal terms to cover near‑term expenditures.
Continued Losses And Inconsistent RevenueSustained net losses and volatile or minimal revenue undermine the company’s ability to demonstrate a path to profitability. This weak earnings profile raises the risk that capital must be continually raised to fund operations, eroding shareholder value and making strategic execution more difficult over the medium term.
Limited Internal Operating Scale (small Headcount)A very small internal team implies heavy dependence on partners and contractors to advance licenses. That limits in‑house technical and operational capacity, can slow decision‑making or execution, and increases counterparty and execution risk for multi‑month project milestones and farm‑out negotiations.
Eco Atlantic Oil & Gas News
EOG FAQ
What was Eco Atlantic Oil & Gas’s price range in the past 12 months?
Eco Atlantic Oil & Gas lowest stock price was C$0.13 and its highest was C$1.20 in the past 12 months.
What is Eco Atlantic Oil & Gas’s market cap?
Eco Atlantic Oil & Gas’s market cap is C$330.28M.
When is Eco Atlantic Oil & Gas’s upcoming earnings report date?
Eco Atlantic Oil & Gas’s upcoming earnings report date is Aug 04, 2026 which is in 123 days.
How were Eco Atlantic Oil & Gas’s earnings last quarter?
Eco Atlantic Oil & Gas released its earnings results on Mar 02, 2026. The company reported C$0.004 earnings per share for the quarter, beating the consensus estimate of N/A by C$0.004.
Is Eco Atlantic Oil & Gas overvalued?
According to Wall Street analysts Eco Atlantic Oil & Gas’s price is currently Undervalued.
Does Eco Atlantic Oil & Gas pay dividends?
Eco Atlantic Oil & Gas does not currently pay dividends.
What is Eco Atlantic Oil & Gas’s EPS estimate?
Eco Atlantic Oil & Gas’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Eco Atlantic Oil & Gas have?
Eco Atlantic Oil & Gas has 345,841,030 shares outstanding.
What happened to Eco Atlantic Oil & Gas’s price movement after its last earnings report?
Eco Atlantic Oil & Gas reported an EPS of C$0.004 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -7.865%.
Which hedge fund is a major shareholder of Eco Atlantic Oil & Gas?
Currently, no hedge funds are holding shares in TSE:EOG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Eco Atlantic Oil & Gas Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$2.12 (443.20% Upside)
C$2.12 (443.20% Upside)
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-23.95%
12-Months-Change
Fundamentals
Return on Equity
-2.71%
Trailing 12-Months
Asset Growth
-31.74%
Trailing 12-Months
Company Description
Eco Atlantic Oil & Gas
Eco (Atlantic) Oil & Gas Ltd. engages in the identification, acquisition, exploration, and development of the petroleum, natural gas, and shale gas properties in the Republic of Namibia and the Co-Operative Republic of Guyana. The company holds a 15% working interest in the Orinduik block comprising 1,800 square kilometers located in the Suriname Guyana basin; and interests in the Canje Block covering an area of 4,800 square kilometers located in Guyana. It also holds 85% working interest in the Cooper Block, which covers an area of approximately 5,788 square kilometers; 85%working interest in the Sharon Block, which covers an area of approximately 5,700 square kilometers; 85% working interest in the Guy License covering an area of approximately 11,457 square kilometers; and an 85% working interest in the Tamar Block that covers an area of approximately 5,649 square kilometers located in the Walvis Basin offshore, Namibia. In addition, the company engages in the development of solar projects. Eco (Atlantic) Oil & Gas Ltd. is headquartered in Toronto, Canada.
EOG Stock 12 Month Forecast
Average Price Target
C$2.12
▲(443.20% Upside)
Technical Analysis
Africa Energy
―
Alvopetro Energy
―
Reconnaissance Energy Africa
―
CGX Energy
―
Orca Exploration Group
―