Earnings Report

Forte Oil Releases Unimpressive Numbers; Nine Months Period Ended 30th September, 2016 (Hold)

 

Key Ratios

  • Earnings per Share stood below comparable period of 2016 by 34.72% while Total Comprehensive Income per share (TCIP/SHARE) reduced by 34.84%
  • Nine months earnings yield is 1.34% of the current market price at released. This despite the huge price difference between the two quarters compared
  • Pre Tax Profit increased by 6.52% over comparable period
  • Investment Coverage is low at 5.92x as against the industrial average of 86.58x
  • See below for other ratios

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Earnings Report

Forte Oil Releases Unimpressive Numbers; Nine Months Period Ended 30th September, 2016 (Hold)

 

Key Ratios

  • Earnings per Share stood below comparable period of 2016 by 34.72% while Total Comprehensive Income per share (TCIP/SHARE) reduced by 34.84%
  • Nine months earnings yield is 1.34% of the current market price at released. This despite the huge price difference between the two quarters compared
  • Pre Tax Profit increased by 6.52% over comparable period
  • Investment Coverage is low at 5.92x as against the industrial average of 86.58x
  • See below for other ratios

Read More

Comment here