Allied Resources (OTCMKTS:ALOD) Issues Quarterly Earnings Results

Allied Resources (OTCMKTS:ALOD) posted its quarterly earnings results on Thursday. The company reported ($0.03) EPS for the quarter, Zacks reports. Allied Resources had a net margin of 70.21% and a return on equity of 83.32%. The firm had revenue of $0.07 million during the quarter.

Allied Resources Stock Performance

Shares of ALOD remained flat at $0.25 on Friday. The stock has a market cap of $1.41 million, a P/E ratio of 0.89 and a beta of 0.58. Allied Resources has a 52 week low of $0.08 and a 52 week high of $0.27. The company’s 50-day moving average is $0.22 and its 200-day moving average is $0.23.

Allied Resources Company Profile

Allied Resources, Inc, an independent oil and natural gas producer, engages in the exploration, development, production, and sale of oil and gas in the United States. It owns varying interests in a total of 145 wells situated on acreage of approximately 3,400 acres in Ritchie and Calhoun counties, West Virginia; and 10 wells situated on acreage of approximately 2,510 acres in Goliad, Edwards, and Jackson counties, Texas. The company was formerly known as General Allied Oil and Gas Co and changed its name to Allied Resources, Inc in August 1998.