Porto Energy Corp. (Porto) is a development-stage international natural resources company. Porto is engaged in the exploration, development and production of crude oil and natural gas. The Company, through its wholly owned subsidiary, Mohave Oil and Gas Corporation (MOGC), holds working interests in five concessions located in the Lusitanian Basin of Portugal, which include the Aljubarrota-3, Torres Vedras-3, Sao Pedro de Muel-2, Cabo Mondego-2 and Rio Maior-2 covering a total of 1,444,152 net acres. Porto's Lusitanian Basin is located on and offshore west-central Portugal and covers an area of approximately 30,000 square kilometers. As of February 1, 2011, the Company held 97.5% working interest in Torres Vedras-3 Concession for reservoirs below a depth of 400 metres and 87.5% for reservoirs above 400 metres. On January 30, 2010, it was formed through the amalgamation (the Amalgamation) of Porto and Mohave Exploration & Production Inc. (MEPI).
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Phone+1-713-9751725
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OptionableNot Optionable
Porto Energy (CVE:PEC) Frequently Asked Questions
What is Porto Energy's stock symbol?
Porto Energy trades on the Canadian Venture Exchange (CVE) under the ticker symbol "PEC."
Has Porto Energy been receiving favorable news coverage?
Media coverage about PEC stock has been trending somewhat positive this week, according to InfoTrie. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Porto Energy earned a coverage optimism score of 1.4 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the near future.
How do I buy shares of Porto Energy?
Shares of PEC and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Porto Energy's official website?
How can I contact Porto Energy?
Porto Energy's mailing address is Suite 350, 24 Waterway Ave, THE WOODLANDS, TX 77380, United States. The company can be reached via phone at +1-713-9751725.
MarketBeat Community Rating for Porto Energy (CVE PEC)
MarketBeat's community ratings are surveys of what our community members think about Porto Energy and other stocks. Vote "Outperform" if you believe PEC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PEC will underperform the S&P 500 over the long term. You may vote once every thirty days.
