Bengal Energy (TSE:BNG) Releases Earnings Results

Bengal Energy (TSE:BNG) issued its quarterly earnings results on Tuesday. The company reported C$0.00 earnings per share for the quarter, FiscalAI reports. Bengal Energy had a negative net margin of 188.21% and a negative return on equity of 36.76%. The business had revenue of C$0.89 million during the quarter.

Bengal Energy Stock Performance

Shares of TSE BNG remained flat at C$0.01 during midday trading on Wednesday. The business has a 50-day simple moving average of C$0.01 and a 200-day simple moving average of C$0.01. The company has a market cap of C$4.85 million, a price-to-earnings ratio of -1.00 and a beta of -0.10. Bengal Energy has a twelve month low of C$0.01 and a twelve month high of C$0.02. The company has a quick ratio of 1.76, a current ratio of 1.14 and a debt-to-equity ratio of 0.03.

About Bengal Energy

Bengal Energy Ltd is involved in the exploration, development and production of oil and gas reserves in Australia. It has two reportable operating segments the Australian oil and gas operations and corporate. Its producing assets are predominantly situated in Australia, in the Cooper Basin, a region featuring large hydrocarbon pools.