NEP: China North East Petroleum Holdings Limited is engaged in the exploration and production of crude oil in Northern China. As of December 31, 2009, the Company operated 289 producing wells located in four oilfields inside Northern China. It has an arrangement with the Jilin Refinery of Petro China Group to sell its crude oil production for use in the China marketplace.
Closing Price: 5.25
52-Week Price Range: 2.80-10.20
Risk: You need to further evaluate NEP thoroughly. Well-informed, you decide what to do. Remember that there is risk of loss in all trading. I don’t own any NEP shares. Here are the pluses and minuses.
+ Beta: 0.95
+ Debt: NEP has no long term debt.
– Dividend: NEP does not presently pay a dividend.
+ Earnings: For the fourth quarter of 2010, analysts’ estimates were $0.29 per share and that is an increase of from the 2009 fourth-quarter earnings per share of -$0.19..
– Free Cash Flow: -0.09
+ Reuters Research Average Rating: Hold
+ PE: 3.45
+ Price/Book Ratio: 1.54
+ Price/Sales Ratio: 1.46
– Sales: 106.6 million in trailing 12-month sales