Beetaloo Energy Australia Ltd. (EEGUF) Research

Empire Energy Group Limited (EEGUF) is an energy firm engaged in the extraction and marketing of crude oil and natural gas. Its operations are divided into two main segments: 'US Operations' and the 'Northern Territory', covering activities in both the United States and Australia. A key asset for the company in Australia is its wholly-owned, 100% working interest in approximately 28.9 million acres of highly prospective exploration acreage for oil and gas. These vast landholdings are located within the McArthur Basin and Beetaloo Sub-basin in Australia's Northern Territory. The company's crude oil and natural gas output is primarily supplied to domestic pipeline operators, utility companies, and refiners, with a significant portion of its clientele based in the US states of Pennsylvania and New York. Initially incorporated in 1981 as Imperial Corporation Limited, the company underwent a name change to Empire Energy Group Limited in March 2011. Its corporate headquarters are situated in Sydney, Australia.

Market snapshot

Symbol
EEGUF
Price
$0.19
Day change
0.00%
Market cap
$324.1M
P/E ratio
-12.74x
52-week range
0.13565-0.2773
Sector
Energy
Industry
Oil & Gas Exploration & Production
Next earnings
in 3 months

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