Showing posts with label Lima Peru. Show all posts
Showing posts with label Lima Peru. Show all posts

Thursday, July 19, 2007

BPZ Energy Inc.

BPZ Energy Inc. is an AMEX listed security that has been trading in a range between $3.60 and $7.95 over the past year. With 54,497,870 shares outstanding, a recent price of $5.92 gives a total market capitalization of $326,987,220. While there are certainly larger companies, BPZ Energy Inc. has definitely earned its place in the pack. Last year, BPZ Energy Inc. created $-0.32 in earnings for every share outstanding.

BPZ Energy Inc. is currently priced by the market at 0.00 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.

With a share price under $50 a share and earnings per share below $1 a share, BPZ Energy Inc. is unlikely to be an interesting value proposition.