ASX Share rice
Sat 08 Aug 2020 - 10:47:am (Sydney)

MMR Share Price

MEC RESOURCES LIMITEDMMREnergy

MMR Company Information

Name:

MEC Resources Limited

Sector:

Energy

Industry:

Oil & Gas E&P

GIC Industry:

Oil, Gas & Consumable Fuels

GIC Sub Industry:

Oil & Gas Exploration & Production

Address:

1111 Hay Street West Perth WA Australia 6005

Phone:

61 8 9245 6187

Company Sec. & Non-Exec. Director:

Mr. Andrew Bald

Joint Company Sec.:

Mr. Robert Marusco BBus, SA FIN ACSA, CPA, GradDip, ACG, Dip FS(FP)

Consultant:

Mr. Hock Goh B.E.

Company Overview:

MEC Resources Limited, through its interest in Advent Energy Ltd, operates as an oil and gas exploration and development company in Australia. It holds 100% interests in the EP386 and RL1 assets located in the onshore Bonaparte basin in the north of Western Australia and Northern Territory; and an 85% interest in the PEP11 asset located in the offshore Sydney basin. The company is based in West Perth, Australia.

MMR Share Price Information

Shares Issued:

684.45M

Market Capitalisation:

$2.74M

Revenue (TTM):

$59.16K

Earnings per Share:

$-0.004

Operating Margin (TTM):

$-24.91

Return On Assets (TTM):

$-0.09

Return On Equity (TTM):

$-0.19

Quarterly Revenue Growth (YOY):

-0.963

Gross Profit(TTM):

$107.13K

Diluted Earnings Per Share (TTM):

$-0.006

MMR CashFlow Statement

CashFlow Date:

2019-06-30

Investments:

$-47,745

Change To Liabilities:

$-233,765

Total Cashflow From Investing Activities:

$-47,745

Net Income:

$-1,339,670

Total Cash From Operating Activities:

$-1,025,981

Depreciation:

$819

Other Cashflow From Investing Activities:

$-44,098

Change To Account Receivables:

$129.35K

Capital Expenditures:

$3.65K

MMR Income Statement

Income Date:

2019-06-30

Income Before Tax:

$-1,428,071

Net Income:

$-1,339,670

Gross Profit:

$107.13K

Operating Income:

$-1,871,321

Other Operating Expenses:

$164.38K

Interest Expense:

$3.23K

Total Revenue:

$107.13K

Total Operating Expenses:

$1.87M

MMR Balance Sheet

Balance Sheet Date:

2019-06-30

Intangible Assets:

$22.67K

Total Liabilities:

$1.99M

Total Stockholder Equity:

$7.66M

Other Current Liabilities:

$873.31K

Total Assets:

$11.67M

Common Stock:

$30.38M

Other Current Assets:

$18.62K

Retained Earnings:

$-37,941,446

Cash:

$350.63K

Total Current Liabilities:

$1.99M

Short-Term Debt:

$791.98K

Property - Plant & Equipment:

$10.57M

Net Tangible Assets:

$7.64M

Long-Term Investments:

$84.28K

Total Current Assets:

$1M

Net Receivables:

$627.12K

Short-Term Investments:

$10.67M

Accounts Payable:

$286.30K

Non Currrent Assets (Other):

$10.67M

Short-Term Investments:

$10.67

Non Current Liabilities Total:

$0

MMR Share Price History

MMR News

09 Dec, 2019
We're definitely into long term investing, but some companies are simply bad investments over any time frame. We don't...
05 Sep, 2019
Anyone researching MEC Resources Limited (ASX:MMR) might want to consider the historical volatility of the share...