Eagleford Energy (OTCMKTS:GRUSF) Announces Earnings Results

Eagleford Energy (OTCMKTS:GRUSF) posted its quarterly earnings results on Thursday. The company reported ($0.02) earnings per share (EPS) for the quarter, Zacks reports. Eagleford Energy had a negative return on equity of 14.50% and a negative net margin of 8.79%.

Eagleford Energy Price Performance

Shares of OTCMKTS GRUSF traded up $0.04 during trading on Thursday, hitting $0.38. 603,194 shares of the company were exchanged, compared to its average volume of 169,446. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.59 and a quick ratio of 1.82. Eagleford Energy has a 1 year low of $0.27 and a 1 year high of $0.52. The company has a market cap of $94.46 million and a price-to-earnings ratio of -19.05. The firm’s fifty day moving average price is $0.40 and its 200 day moving average price is $0.39.

Eagleford Energy Company Profile

Eagleford Energy Corp. is an oil and natural gas exploration and development company associated with the Eagle Ford shale region of South Texas. The company’s activities have focused on identifying, acquiring and developing prospective oil and gas properties. The Eagle Ford formation is a significant hydrocarbon-producing area, and the company’s historical business strategy has centered on participating in exploration and production opportunities within this broader region. Its operations have involved evaluating acreage, potential drilling prospects and related energy assets rather than providing consumer products or services.