VELXQ (Canadian Overseas Petroleum) Total Operating Expense: $22.20 Mil (TTM As of Sep. 2023)


What is Canadian Overseas Petroleum Total Operating Expense?

Canadian Overseas Petroleum VELXQ -99.67% Total Operating Expense is $22.20 Mil as of Sep. 2023.

Canadian Overseas Petroleum's Total Operating Expense for the three months ended in Sep. 2023 was $6.29 Mil. Canadian Overseas Petroleum's Total Operating Expense for the trailing twelve months (TTM) ended in Sep. 2023 was $22.20 Mil.

Canadian Overseas Petroleum Total Operating Expense Related Terms

Canadian Overseas Petroleum Total Operating Expense Historical Data

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The historical data trend for Canadian Overseas Petroleum's Total Operating Expense 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 Total Operating Expense Chart

Canadian Overseas Petroleum Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.43 3.93 4.12 13.01 21.39

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
Total Operating Expense 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 5.03 5.79 5.46 4.66 6.29

Canadian Overseas Petroleum Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $22.20 Mil.

* 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.

What does a Total Operating Expense of $22.20 Mil mean?
Canadian Overseas Petroleum (VELXQ) has a Total Operating Expense of $22.20 Mil as of Sep. 2023. Total operating expense is the primary recurring expense associated with central operations. View historical data on Canadian Overseas Petroleum and its competitors.
Is Canadian Overseas Petroleum's Total Operating Expense too high?
Canadian Overseas Petroleum's current Total Operating Expense is $22.20 Mil.
How does Canadian Overseas Petroleum's Total Operating Expense compare to COP and EOG?
Canadian Overseas Petroleum's Total Operating Expense of $22.20 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 Total Operating Expense for an Oil & Gas company?
A good Total Operating Expense depends on the Oil & Gas industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Canadian Overseas Petroleum and its competitors. Canadian Overseas Petroleum's current Total Operating Expense is $22.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Overseas Petroleum stock overvalued right now?
Canadian Overseas Petroleum (VELXQ) has a current Total Operating Expense of $22.20 Mil. The current Total Operating Expense is $22.20 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Canadian Overseas Petroleum (VELXQ), the current Total Operating Expense is $22.20 Mil as of Sep. 2023. 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.

Canadian Overseas Petroleum Business Description

Industry EnergyOil & Gas
Address 715 - 5th Avenue South West, Suite 3200, Calgary, AB, CAN, T2P 2X6
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.