Yahoo! FinanceHome - Yahoo! - Help

Market Guide

[ Stock Screener | Company & Fund Index | Financial Glossary ]

Profile - NCE Petrofund (AMEX:NCN)
As of 31-Aug-2001
Enter symbol:
symbol lookup

 
More Info: Quote | Chart | News | Profile | Reports
Recent Events
Aug 31Dividend payment of $0.209
Location
13 King Street West, Ontario, M5X 1A4
Toronto, Canada
Phone: (416) 364-9297
Fax: (416) 364-1197
Employees (last reported count): 170
Financial Links
 ·Historical Quote Data
 ·Free Annual Report
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Financial
 ·Industry: Misc. Financial Services
Company Website
 ·Home Page

 ·Search Yahoo! for related links...

Ownership
·Insider and 5%+ Owners: 1%
·Institutional: 0% (0% of float)
(4 institutions)
·Net Inst. Selling: 136.0K shares
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
NCE Petrofund (the Trust) is an open-ended investment trust that acquires and manages producing oil and gas properties in Western Canada. The Trust holds royalties derived from the interests in petroleum and natural gas rights held by its wholly owned subsidiary, NCEP Petrofund Corp. (NCEP), and related assets. The Trust's objective is to purchase royalties issued by NCEP, securities of resource issuers and resource properties and other related assets. As of December 31, 2000, NCEP's principal properties were located in Alberta, British Columbia, Manitoba and Saskatchewan, Canada. NCEP primarily produces light oil, natural gas and natural gas liquids. Its asset base includes Established Reserves (proved reserves and 50% risked probable reserves), before royalties, of 29,573 mbbls (thousand of barrels) of oil, 189,204 mmcf (millions of cubic feet) of natural gas and 3,754 mbbls of natural gas liquids, and an inventory of undeveloped lands totaling 278, 694 gross (115,185 net) acres.
More from Market Guide: Expanded Business Description

Financial Summary
NCE Petrofund is a closed-end investment trust that acquires and manages producing oil and gas properties and related assets in Western Canada. For the three months ended 3/31/01, revenues totaled C$54.4 million, up from C$26.1 million. Net income totaled C$26.3 million, up from C$8.8 million. Revenues reflect an increase in crude oil, natural gas, and natural gas liquid sales due to higher production and prices. Net income also reflects higher margins.

Recent Earnings Announcement
For the 3 months ended 06/30/2001, revenues were 60,007; after tax earnings were 16,380. (Preliminary; reported in thousands of Canadian Dollars.)

More from Market Guide: Significant Developments

Officers
John F. Driscoll, Chmn./CEO/Pres.
Jeffery E. Errico, Exec. VP/COO
Glen Fischer, VP-Oper.
Vince P. Moyer, VP-Fin.
John Vooglaid, Secy./Treas.
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- AMEX:NCNAs of 31-Aug-2001
Price and Volume
52-Week Low
on 20-July-2001
$9.46 
Recent Price$9.95 
52-Week High
on 22-May-2001
$15.616
Daily Volume (3-month avg)134.5K
Daily Volume (10-day avg)78.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y]
13-Week Change-26.0%
13-Week Change
relative to S&P500
-17.7%
Share-Related Items
Market Capitalization$660.2M
Shares Outstanding66.4M
Float65.7M
Dividends & Splits
Annual Dividend (indicated)$2.50 
Dividend Yield25.15%
Last Split: 1 for 3 on 6-July-2001
Per-Share Data
Book Value (mrq*)$1.25 
EarningsN/A 
Earnings (mrq)$0.13 
SalesN/A 
Cash (mrq*)$0.08 
Valuation Ratios
Price/Book (mrq*)7.93 
Price/EarningsN/A 
Price/SalesN/A 
Income Statements
SalesN/A 
EBITDA (ttm*)$79.4M
Income available to common (ttm)$10.6M
Profitability
Profit MarginN/A 
Operating Margin (ttm)47.4%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter
(fully updated)
31-Mar-2001
Most recent quarter
(flash earnings)
30-June-2001
Management Effectiveness
Return on AssetsN/A 
Return on Equity (ttm)12.69%
Financial Strength
Current Ratio (mrq*)0.53 
Debt/Equity (mrq*)1.12 
Total Cash (mrq)$0 
Short Interest
As of 8-Aug-2001
Shares Short6,000 
Percent of Float0.0%
Shares Short
(Prior Month)
6,000 
Short Ratio0.06 
Daily Volume110.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001, except mrq*/ttm* items as of 31-Mar-2001);   dollar amounts based on an exchange rate of 1.55 Canadian Dollars/US Dollar

Market Guide offers more in-depth Company Research, Stock Screening, and Hottest Stocks and Industries on over 10,000 U.S. Equities.


Copyright © 2001 Yahoo! Inc. All Rights Reserved. Privacy Policy - Terms of Service
Company information Copyright Market Guide. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Yahoo nor any of its data or content providers (such as Market Guide, CSI, etc.) shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.