Hot Analysis Report On Duma Energy Corp (OTCBB:DUMA), New Frontier Energy Inc. (OTCMKTS:NFEI)

Posted by Kristi Scott June 3, 2013 0 Comment 992 views


Duma Energy Corp (OTCBB:DUMA), in Friday’s session touched the highest price level of $2.78, while its low price range remained $2.35. The stock started the trading activity at opening price per share of $2.44 and closed the trade at $2.70. The trading volume of the stock remained 523,155 shares; on the other hand its average volume was just 15,613 shares. The stock scored a bullish percentage change and moved ahead +11.11%. EPS of DUMA remained -3.28.

Energy Sector Other Stocks – NFEI , DBLE

New Frontier Energy Inc. (OTCMKTS:NFEI) was in bearish claws and decreased -6.90% and its closing price remained $0.0270. The volume of NFEI was 20,000 in Friday’s session and the average volume of the stock was 21,095 shares. Double Eagle Petroleum Co (NASDAQ:DBLE) showed a downward trend of -1.44% and closed the session at $4.12. The volume of the stock in the most recent trading activity was 16,339 shares, while the average volume stayed at 17,800 shares.

Duma Energy Corp (OTCBB:DUMA) Previous Performances:

DUMA scored awesome performance in prior 5 days period and its percentage change remained +30.43%. 5 year trend of the stock was in green as it shoot-up +474.47%.  One month trend was in positive of +33% and its 6 month performance was +50%. Quarterly trend of the stock was in green and it increased +29.19%.

DUMA Financial Analysis:

  1. 1.      Income statement Items under Consideration:

Revenue (Trailing Twelve Months or ttm) of the Company remained $7.48 million. Revenue per Share (ttm) stayed at 0.64. Gross profit (ttm) of the company was $3.15 million.

  1. 2.      Balance Sheets Items to Watch:

The Company’s Total Cash (most recent quarter) remained 790.48 thousands. Total Debt (most recent quarter) of DUMA remained $1.91 million.

Duma Energy Corp (OTCBB:DUMA) Found Reserves In Surrounding  Of Galveston Bay:

DUMA has made an announcement that the Company has attained new-fangled 3D seismic data for its producing grounds in Galveston Bay. This fresh 3D data is part of a broader attempt by numerous other big self-governing oil corporations to recognize and develop the deeper potential supposed to exist beneath the Galveston bay and nearby areas.

About DUMA:

DUMA is engaged in doing oil and gas exploration and acquisition in United States. The Company trades Over the Counter. DUMA was previously recognized as Strategic American Oil Corporation. In April 2012, the Company has changed its name to Duma Energy Corporation. DUMA was established in 2005 and headquarter of the Company is in Houston, Texas.


About Kristi Scott

Kristi Scott joined GDP Insider in 2005 as a Wall Street reporter for the Business and Market section. Kristi covers the stock market, financial markets and personal finance. Her awards have come from the National Federation of Professional Writers, the Ohio Newspaper Association, the Cleveland Press Club, the Society of Professional Journalists and Suburban Newspapers of America. Kristi was named SNA's national Journalist of the Year

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