CGX Energy Inc. (CGXEF) Research

CGX Energy Inc. is an energy firm primarily engaged in the exploration and evaluation of oil and natural gas reserves across Guyana, South America. The company possesses ownership stakes in three significant petroleum prospecting licenses and their associated agreements, specifically the Corentyne, Berbice, and Demerara blocks. These concessions extend over an estimated 11,005.2 square kilometers, covering both offshore and onshore territories within Guyana. Beyond its core exploration activities, CGX Energy is also actively involved in the development and construction of the Berbice Deep Water Port project, also situated in Guyana. Established in 1998, the company maintains its corporate headquarters in Toronto, Canada.

Market snapshot

Symbol
CGXEF
Price
$0.11
Day change
-14.20%
Market cap
$41.8M
P/E ratio
-0.55x
52-week range
0.05-0.28
Sector
Energy
Industry
Oil & Gas Exploration & Production
Next earnings
in 2 days

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