Alvopetro Energy Ltd. (ALVOF) to Issue Dividend of $0.10 on April 15th

Alvopetro Energy Ltd. (OTCMKTS:ALVOF) announced a dividend on Tuesday, March 18th, NASDAQ Dividends reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.10 per share on Tuesday, April 15th. The ex-dividend date is Monday, March 31st.

Alvopetro Energy Trading Up 5.0 %

Shares of Alvopetro Energy stock opened at $3.39 on Thursday. The firm has a market capitalization of $123.53 million, a PE ratio of 8.69 and a beta of 0.09. Alvopetro Energy has a twelve month low of $2.85 and a twelve month high of $4.08. The firm’s 50-day moving average price is $3.44 and its 200 day moving average price is $3.53. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.08.

Alvopetro Energy (OTCMKTS:ALVOF) last released its earnings results on Tuesday, March 18th. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.06). The business had revenue of $10.21 million during the quarter, compared to analysts’ expectations of $15.49 million. Alvopetro Energy had a return on equity of 27.00% and a net margin of 29.06%.

Alvopetro Energy Company Profile

Alvopetro Energy Ltd. operates as an independent upstream and midstream operator. It engages in the acquisition, exploration, development, and production of hydrocarbons. The company holds interests in the Caburé and Murucututu natural gas assets, Block 182 and 183 exploration assets, and Bom Lugar and Mãe-da-lua oil fields, which covers an area of approximately 22,166 acres in the Recôncavo basin onshore Brazil.