LOGL (Legend Oil & Gas) Beginning Cash Position: $0.84 Mil (As of Dec. 2016)


What is Legend Oil & Gas Beginning Cash Position?

Legend Oil & Gas LOGL -90.00% Beginning Cash Position is $0.84 Mil as of Dec. 2016.

Legend Oil & Gas's Beginning Cash Position for the quarter that ended in Dec. 2016 was $0.84 Mil.

Legend Oil & Gas's quarterly Beginning Cash Position declined from Jun. 2016 ($0.66 Mil) to Sep. 2016 ($0.17 Mil) but then increased from Sep. 2016 ($0.17 Mil) to Dec. 2016 ($0.84 Mil).

Legend Oil & Gas's annual Beginning Cash Position increased from Dec. 2014 ($0.06 Mil) to Dec. 2015 ($0.70 Mil) but then declined from Dec. 2015 ($0.70 Mil) to Dec. 2016 ($0.46 Mil).

Legend Oil & Gas Beginning Cash Position Related Terms

Legend Oil & Gas Beginning Cash Position Historical Data

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The historical data trend for Legend Oil & Gas's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Legend Oil & Gas Beginning Cash Position Chart

Legend Oil & Gas Annual Data
Trend Dec04 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.01 0.06 0.70 0.46

Legend Oil & Gas Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.46 0.66 0.17 0.84

Legend Oil & Gas Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $0.84 Mil mean?
Legend Oil & Gas (LOGL) has a Beginning Cash Position of $0.84 Mil as of Dec. 2016. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Legend Oil & Gas and its competitors.
Is Legend Oil & Gas' Beginning Cash Position too high?
Legend Oil & Gas' current Beginning Cash Position is $0.84 Mil.
How does Legend Oil & Gas' Beginning Cash Position compare to ARSLF and PTRDF?
Legend Oil & Gas' Beginning Cash Position of $0.84 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Oil & Gas company?
A good Beginning Cash Position depends on the Oil & Gas industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Legend Oil & Gas and its competitors. Legend Oil & Gas's current Beginning Cash Position is $0.84 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legend Oil & Gas stock overvalued right now?
Legend Oil & Gas (LOGL) has a current Beginning Cash Position of $0.84 Mil. The current Beginning Cash Position is $0.84 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Legend Oil & Gas (LOGL), the current Beginning Cash Position is $0.84 Mil as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Legend Oil & Gas Business Description

Industry EnergyOil & Gas
Address 555 North Point Center East, Suite 400, Alpharetta, GA, USA, 30022
Legend Oil & Gas Ltd is a crude oil hauling and trucking company. The company's principal operations are in the Bakken region of North Dakota and the Permian Basin in Texas and New Mexico. Its focus is to grow its core business and expand its crude oil hauling operations into other basins throughout the United States. The company's only segment is oil and gas.