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Southern Energy starts test well in Cotton Valley field in Mississippi

Southern Energy has begun test drilling the "Terrible Creek 21-2 #2" well in the Williamsburg field; the well is the first of two under a joint-venture farm-out agreement. The company carries a 50% working interest and around 50% of the gross costs per well of about USD 3.9 million and plans a total depth of roughly 19,000 feet. Completion and testing will follow after the rig is released. Southern Energy also engaged ICP Securities to provide automated market-making services using the "ICP Premium" algorithm for a monthly fee of C$7,500. » More on de.investing.com

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In 2022, SOUTHERN ENERGY CORP Aktie has already paid €0.50 in dividends. The last payout was in August 2022.

Financials

In the last quarter, SOUTHERN ENERGY CORP Aktie had revenue of €2.66M and net profit of -€349.77K

(EUR)	Jun 2026	YoY
Revenue	2.66M	21.43%
Gross profit	225.16K	32.81%
Net profit	-349.77K	0.31%
EBITDA	275.87K	78.40%

Fundamentals

Metric	Value
Market capitalization	€14.94M
Number of shares	366.25M
52-week high/low	€0.07 - €0.0291
Dividends	No
Beta	-0.07
P/E ratio	-3.72
PEG ratio	-0.03
P/B ratio	1.46
P/S ratio	1.30

Company profile

Southern Energy Corp. ist als Erdöl- und Erdgasexplorations- und Produktionsunternehmen in Kanada tätig. Seine wichtigsten Liegenschaften sind die Central Mississippi Assets, die ein Gebiet von ca. 30.500 Acres mit Öl- und Gasproduktion in Gwinville, Mechanicsburg, Williamsburg und Mount Olive in Mississippi umfassen. Das Unternehmen war früher als Standard Exploration Ltd. bekannt und änderte im Januar 2019 seinen Namen in Southern Energy Corp. Southern Energy Corp. wurde im Jahr 2008 gegründet und hat seinen Hauptsitz in Calgary, Kanada.