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    AXP   AU0000162950

AXP ENERGY LIMITED

(AXP)
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Fremont Petroleum : Secures improved pricing for US Summer Gas Contract

06/29/2021 EDT

Fremont Petroleum Corporation Limited is pleased to report that it has successfully renegotiated a legacy gas sales contract for over one third of current production which will deliver over ~US$100,000 of additional revenue per month.

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Disclaimer

Fremont Petroleum Corporation published this content on 29 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 July 2021 17:11:08 UTC.


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Financials
Sales 2020 0,60 M 0,43 M 0,43 M
Net income 2020 -9,16 M -6,63 M -6,63 M
Net Debt 2020 2,07 M 1,50 M 1,50 M
P/E ratio 2020 -0,75x
Yield 2020 -
Capitalization 32,7 M 23,8 M 23,7 M
EV / Sales 2019 13,0x
EV / Sales 2020 17,8x
Nbr of Employees -
Free-Float 73,6%
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Managers and Directors
Timothy Brian Hart Chief Executive Officer & Managing Director
Lonny L. Haugen Chief Financial Officer
Simon W. Johnson Non-Executive Chairman
Stuart J. Middleton Independent Non-Executive Director
Samuel Jarvis Independent Non-Executive Director
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