Alvopetro Energy (OTCMKTS:ALVOF) Posts Earnings Results, Beats Expectations By $0.03 EPS

Key Points

• Beat expectations: Alvopetro reported Q EPS of $0.21 versus a $0.18 consensus (a $0.03 beat) and posted strong profitability metrics with a 24.88% ROE and a 39.86% net margin.
• The stock slipped about 0.8% to $6.28 on light volume (10,238 vs. average ~20,866), has a market cap of $232.3M and a P/E of 10.3, and trades in a 52‑week range of $3.82–$7.97.
• Analyst view: Zacks upgraded Alvopetro to a "Hold" and the consensus rating on MarketBeat remains a Hold.

Alvopetro Energy (OTCMKTS:ALVOF - Get Free Report) released its earnings results on Thursday. The company reported $0.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.03, Zacks reports. Alvopetro Energy had a return on equity of 24.88% and a net margin of 39.86%.

Alvopetro Energy Trading Down 0.8%

OTCMKTS ALVOF traded down $0.05 on Thursday, reaching $6.28. The company had a trading volume of 10,238 shares, compared to its average volume of 20,866. The stock's 50 day moving average is $6.35 and its 200-day moving average is $5.38. The stock has a market cap of $232.30 million, a price-to-earnings ratio of 10.30 and a beta of -0.15. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.23. Alvopetro Energy has a 52 week low of $3.82 and a 52 week high of $7.97.

Analyst Ratings Changes

Separately, Zacks Research upgraded Alvopetro Energy to a "hold" rating in a report on Monday, January 12th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of "Hold".

Alvopetro Energy Company Profile

Alvopetro Energy Inc OTCMKTS: ALVOF is a Canada-based oil and gas exploration and production company focused on acquiring and developing upstream assets in Brazil. The company targets conventional hydrocarbon resources through a combination of license acquisitions, seismic appraisal and drilling operations, seeking to build a sustainable production profile in emerging Brazilian basins.

Alvopetro’s principal activities are centered in the Potiguar Basin of northeastern Brazil, where it holds working interests in both onshore and shallow-water concession areas.

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