Canadian Overseas Petroleum Stock Price, News & Analysis
VELXF
OTC
Company Description
Canadian Overseas Petroleum Limited (COPL) is an international oil and gas exploration, production, and development company with a focus on operations in Converse and Natrona counties, Wyoming, USA. COPL recently issued common shares in response to a notice of default from its affiliate's senior lender. The company is actively pursuing financing options to address its liquidity concerns and secure its future operations. Despite facing financial difficulties, COPL continues to explore strategic alternatives and engage in various financing arrangements to support its ongoing activities.
Stock Performance
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Performance 1 year
$14.9M
Market Cap
3.7B
Shares outstanding
Latest News
SEC Filings
No SEC filings available for Canadian Overseas Petroleum.
Financial Highlights
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Revenue (TTM)
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Net Income (TTM)
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Diluted EPS (TTM)
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Upcoming Events
Frequently Asked Questions
What is the market cap of Canadian Overseas Petroleum (VELXF)?
The market cap of Canadian Overseas Petroleum (VELXF) is approximately 14.9M.
What is Canadian Overseas Petroleum Limited (COPL)?
COPL is an international oil and gas exploration, production, and development company with operations in Converse and Natrona counties, Wyoming, USA.
Why did COPL issue common shares recently?
COPL issued common shares in response to a notice of default from its affiliate's senior lender, indicating financial difficulties and the need for additional financing.
What is COPL doing to address its liquidity concerns?
COPL is actively pursuing financing options and engaging in strategic alternatives to secure funding for its ongoing operations and future activities.
What are the key areas of focus for COPL?
COPL is focused on exploring oil and gas reserves, production, and development projects, particularly in Wyoming, USA.
How is COPL planning to secure its future operations?
COPL is exploring various financing arrangements, strategic alternatives, and engaging in equity placements to address liquidity concerns and support its future activities.