AAG (AAG Energy Holdings Limited) is the leading independent CBM producer in China, focusing on the development and value optimization of unconventional gas resources to supply clean energy to the Chinese economy. Through Asian American Gas, Inc., their wholly-owned subsidiary, they have production sharing contracts with two of the four state-owned enterprises authorized by the Chinese government to partner with foreign companies to explore, develop and produce China’s CBM assets, namely CUCBM and PetroChina (through its parent company, CNPC). Pursuant to these production sharing contracts, they are the operator of the Panzhuang and Mabi concessions, granting us the right to explore, develop and produce the CBM within them. The Panzhuang and Mabi concessions are located in the southern Qinshui Basin, which contains the largest amount of proved CBM geological reserves of any basin in China and is the most active CBM producing basin in China. The Panzhuang concession is the most commercially advanced Sino-foreign CBM asset in China and remains the first and only Sino-foreign CBM concession in China to have received overall development plan approval. The Panzhuang concession has the highest average per well production rate of any CBM concession in China as of December 31, 2014, according to SIA Energy. We began CBM pilot production in Mabi in the first half of 2010 and in November 2013 we received preliminary approval for the Mabi ODP I from the NEA.
Sector:
Energy Minerals
Industry:
Oil And Gas Production
Employees:
N/A
Frequently Asked Questions
What is Market Cap of AAG Energy Holdings Limited?
Market cap, also known as market capitalization, is the total market value of a company. It’s calculated by multiplying the current market price by the total number of shares outstanding. AAG Energy Holdings Limited market cap is $569.4M.
What is the 52-week high for AAG Energy Holdings Limited?
52 week high is the highest price of a stock in the past 52 weeks, or one year. AAG Energy Holdings Limited 52 week high is $0.1677 as of May 19, 2024.
What is the 52-week low for AAG Energy Holdings Limited?
52 week low is the lowest price of a stock in the past 52 weeks, or one year. AAG Energy Holdings Limited 52 week low is $0.1677 as of May 19, 2024.
What is AAG Energy Holdings Limited stock price today?
AAG Energy Holdings Limited stock price today is $0.1677.
What was AAG Energy Holdings Limited stock price yesterday?
AAG Energy Holdings Limited stock price yesterday was $0.1438.
What is the PE ratio of AAG Energy Holdings Limited?
The Price-to-Earnings (or P/E) ratio is a commonly used tool for valuing a company. It’s calculated by dividing the current share price by the earnings per share (or EPS). It can also be calculated by dividing the company’s Market Cap by the Net Profit. AAG Energy Holdings Limited’s P/E ratio is 2.70.
What is the Price-to-Book ratio of AAG Energy Holdings Limited?
The Price-to-Book (P/B) ratio is a commonly used tool for valuing a company. It’s calculated by dividing a company’s market capitalization by its book value. AAG Energy Holdings Limited P/B ratio is 0.5219.
What is the 50-day moving average of AAG Energy Holdings Limited?
The 50-day moving average is a frequently used data point by active investors and traders to understand the trend of a stock. It’s calculated by averaging the closing stock price over the previous 50 trading days. AAG Energy Holdings Limited 50-day moving average is $0.1677.