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MCF Energy Ltd. (V:MCF)

Business Focus: Oil & Gas Exploration and Production (NEC)

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
Company Contact
Address: 3123 - 595 Burrard Street
VANCOUVER BC V7X 1J1
Tel: N/A
Website: https://www.mcfenergy.com
IR: See website
Key People
Claus Andrup
Interim Chief Executive Officer, Interim Chief Financial Officer, Director
   
Business Overview
MCF Energy Ltd. is a Canada-based junior resource company. The Company is engaged in the identification, and the exploration and development, of both proven and unproven reserves via drilling and/or acquisition with a focus on the European oil and gas sector. The Company has secured interests in several significant natural gas exploration projects in Austria and Germany with additional concession applications pending. It is also evaluating additional opportunities throughout Europe. The Company is involved in the development of a natural gas industry as a transition to renewable energy sources.
Financial Overview
For the nine months ended 30 September 2023, Mcf Energy Ltd revenues was not reported. Net loss increased from C$261K to C$9.1M. Higher net loss reflects Share-based compensation increase from C$92K to C$3.2M (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -C$0.04.
Reporting Currency: Canadian Dollars
Enterprise value: $36.37M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$9.97M as of Sep 30, 2023
Net annual income (TTM): -$9.36M as of Sep 30, 2023
Free cash flow (TTM): -$6.25M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 466,406,228 as of Apr 18, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization