CGX Energy Inc.

CGX Energy Inc.verified

CGXEF

Price:

$0.14

Market Cap:

$46.06M

CGX Energy Inc. is an energy firm primarily engaged in the exploration and evaluation of oil and natural gas reserves across Guyana, South America. The company possesses ownership stakes in three significant petroleum prospecting licenses and their associated agreements, specifically the Corentyne, Berbice, and Demerara blocks. These concessions extend over an estimated 11,005.2 square kilometers, covering both offshore and onshore territories within Guyana. Beyond its core exploration activities, CGX Energy is also actively involved in the development and construction of the Berbice Deep Water Port project, also situated in Guyana. Established in 1998, the company maintains its corporate he...[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2005-10-21

Stock Exchange

OTC

Ticker

CGXEF

The Current Ratio as of June 2026 (TTM) for CGX Energy Inc. (CGXEF) is 0.06

According to CGX Energy Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.06. This represents a change of -19.13% compared to the average of 0.08 of the last 4 quarters.

CGX Energy Inc. (CGXEF) Historical Current Ratio (quarterly & annually)

How has CGXEF Current Ratio performed in the past?

The mean historical Current Ratio of CGX Energy Inc. over the last ten years is 0.38. The current 0.06 Current Ratio has changed 1.55% with respect to the historical average. Over the past ten years (40 quarters), CGXEF's Current Ratio was at its highest in in the September 2019 quarter at 1.35. The Current Ratio was at its lowest in in the June 2017 quarter at 0.01.

Quarterly (TTM)
Annual

Average

0.38

Median

0.27

Minimum

0.01

Maximum

0.94

CGX Energy Inc. (CGXEF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of CGX Energy Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.53%

Maximum Annual Current Ratio = 0.94

Minimum Annual Increase = -69.35%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.06-53.04%
20240.14-66.76%
20230.41-54.95%
20220.9086.63%
20210.48-42.04%
20200.84-10.70%
20190.941.53%
20180.06507.87%
20170.01-35.06%
20160.01-69.35%

CGX Energy Inc. (CGXEF) Average Current Ratio

How has CGXEF Current Ratio performed in the past?

The current Current Ratio of CGX Energy Inc. (CGXEF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.20

5-year avg

0.40

10-year avg

0.38

CGX Energy Inc. (CGXEF) Current Ratio vs. Peers

How is CGXEF’s Current Ratio compared to its peers?

CGX Energy Inc.’s Current Ratio is less than Blue Star Helium Limited (0.55), less than Petro Matad Limited (2.32), less than Sound Energy plc (2.95), less than Challenger Energy Group PLC (1.56), less than Touchstone Exploration Inc. (0.52), less than Eco (Atlantic) Oil & Gas Ltd. (2.45), less than Altima Resources Ltd. (0.09), less than Orca Energy Group Inc. (1.07), less than Guardian Exploration Inc. (0.08), less than Elixir Energy Limited (7.09),

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