Canadian Overseas Petroleum (LSE:COPL) Beta: N/A (As of Jun. 29, 2026)

Name: Canadian Overseas Petroleum Ltd (COPL) — Historical Annual & Quarterly Data
Creator: GuruFocus
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What is Canadian Overseas Petroleum Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-29), Canadian Overseas Petroleum's Beta is Not available.

Canadian Overseas Petroleum (LSE:COPL) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Canadian Overseas Petroleum Beta Related Terms

Canadian Overseas Petroleum Beta Historical Data

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The historical data trend for Canadian Overseas Petroleum's Beta 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.

Canadian Overseas Petroleum Beta Chart

Canadian Overseas Petroleum Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Beta

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-1.28

-0.59

1.62

0.00

Canadian Overseas Petroleum Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Beta	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	-0.06

Canadian Overseas Petroleum Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Canadian Overseas Petroleum Business Description

Industry Energy Oil & Gas

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Address 715 - 5th Avenue South West, Suite 3200, Calgary, AB, CAN, T2P 2X6

Website https://www.canoverseas.com

Canadian Overseas Petroleum Ltd is an international oil and gas exploration, development and production company pursuing opportunities in the United States with operations in Converse County Wyoming, and in sub-Saharan Africa and independently in other countries. The company's Wyoming operations are environmentally responsible with minimal gas flaring and methane emissions combined with electricity sourced from a neighboring wind farm to power production facilities.