The Razor's Edge
2-Year Price History
Recent Price
(1/5/2009)
$0.16
52-Week Price
$0.13 - $1.25
Market Capitalization
$5.8 Million
Most Recent Dividend
$0.00
About Bonanza Oil & Gas, Inc.
Bonanza Oil & Gas, Incorporated is considered to operate in the Basic Materials
sector. They specifically operate in the Oil & Gas Drilling/Exploring
business segment contained within the Energy industry.
The Company is engaged in the production and development of oil and gas reserves, as well as the development and evaluation of 3D seismic programs.
A Word Of Caution
Stocks trading for less than $1 are loosely termed "penny" stocks. Bonanza Oil & Gas, Incorporated (BGOI) is selling for less than $1 per share. While, we stand by our ratings methodology for long term value investors, often times "penny" stocks will be more volatile. Because many "penny" stocks are lightly traded their stock price can fluctuate because of a single large trade. Also, there is generally less analyst coverage of such "penny" stocks and thus less information from which to base our rating.
Therefore, (and as always), check additional sources and available information regarding Bonanza Oil & Gas, Inc. before making an investment decision.
Ockham's Rating
Rating Specific Information Withheld
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BGOI Revenue
Unfortunately, we do not have reliable fundamental data available for BGOI at this time. Coverage will resume as reliable data becomes available.
BGOI Cash Earnings
When there is not enough positive Cash Earnings history available for a company, we at Ockham Research can find it quite difficult to actually rate their ability to generate cash. Such is the case with BGOI. When a company has current positive cash earnings but not enough years of history to compare it to, we find the correlation of cash earnings to valuation significantly hindered. So with BGOI, we will have to wait to see if there are a few more cycles of positive Cash Earnings numbers before we will be confident in our Cash Earnings analysis.
BGOI Dividends
While it is not necessary to pay an attractive dividend or a dividend at all, to receive a positive rating from Ockham, we view dividends as an additionally helpful measure in determining the future potential of any company. As far as our investing methodology goes, it is not necessary to pay a dividend in order to get a favorable rating, so as for right now BGOI gets a neutral rating for the dividend portion of the model. The company is not currently paying a dividend nor have they in the fairly recent past.
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