Alvopetro Energy Ltd. (OTCMKTS:ALVOF) Plans Dividend of $0.10

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

Alvopetro Energy Stock Performance

Shares of Alvopetro Energy stock traded up $0.16 during midday trading on Wednesday, hitting $3.39. The company had a trading volume of 35,586 shares, compared to its average volume of 20,275. The stock has a market cap of $123.53 million, a price-to-earnings ratio of 8.69 and a beta of 0.09. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.08. The company has a fifty day simple moving average of $3.45 and a 200 day simple moving average of $3.53. Alvopetro Energy has a 12-month low of $2.85 and a 12-month high of $4.08.

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

About Alvopetro Energy

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.