A. Our Corporate History and Development. We were incorporated on February 8, 1982, in British Columbia, Canada, under the name Tylox Corporation. Our continuance under the Canada Business Corporation Act resulted in, among other things, our name change, first in December 1991, to Tracer Petroleum Corporation, followed in July 2003, to Forum Energy Corporation. On May 18, 2005, we changed our name to FEC Resources, Inc. We have no subsidiaries. We currently hold 6.80% of the issued and outstanding capital of FEL and, in addition, we hold a 35% interest in Metalore Mining Corporation (“MMC”), a Philippine-based company that holds the rights to a 64 hectare license, which has been abandoned. We also own a 1.08% interest in Lascogon Mining Corporation, which owns the Mineral Production and Sharing Agreement 148 (“MPSA 148”), a gold exploration project in the Philippines. We are engaged in investment into companies in the natural resource sector.
| Metric | TTM | FY2011 | FY2010 |
|---|---|---|---|
| Revenue | 0 | 0 | - |
| Net Income | 0 | - | -2.9M |
| EPS | $10.40 | $10.40 | $-1.30 |
| Free Cash Flow | 447K | 447K | -476K |
| ROIC | - | - | - |
| Gross Margin | - | - | - |
| Debt/Equity | 0.00 | - | - |
| Dividends/Share | $0.00 | - | - |
| Operating Income | -441K | -441K | -517K |
| Operating Margin | -44515.2% | -44515.2% | - |
| ROE | 0.0% | - | - |
| Shares Outstanding | 439M | 439M | - |
| Metric | 2010 | TTM | |
|---|---|---|---|
| Income Statement | |||
| Revenue | N/A | 0 | 0 |
| Gross Margin | N/A | N/A | N/A |
| R&D | N/A | N/A | N/A |
| SG&A | 517K | 441K | 441K |
| EBIT | -517K | -441K | -441K |
| Op. Margin | N/A | -44515.2% | -44515.2% |
| Net Income | -2.9M | N/A | 0 |
| Net Margin | N/A | N/A | 0.0% |
| Non-Recurring | 2.3M | 0 | 0 |
| Returns on Capital | |||
| ROIC | N/A | N/A | N/A |
| ROE | N/A | N/A | 0.0% |
| ROA | -5809.3% | N/A | 0.0% |
| Cash Flow | |||
| Op. Cash Flow | -476K | 447K | 447K |
| Free Cash Flow | -476K | 447K | 447K |
| Owner Earnings | -476K | 447K | 447K |
| CapEx | 0 | 0 | 0 |
| Maint. CapEx | 0 | 0 | 0 |
| Growth CapEx | N/A | N/A | 0 |
| D&A | 0 | 0 | 0 |
| CapEx/OCF | N/A | N/A | 0.0% |
| Capital Allocation | |||
| Dividends Paid | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 |
| Buyback Yield | 0.0% | 0.0% | 0.0% |
| Stock-Based Comp | N/A | N/A | N/A |
| Debt Repayment | 0 | 0 | 0 |
| Balance Sheet | |||
| Net Debt | N/A | N/A | -1.6M |
| Cash & Equiv. | 2.1M | 1.6M | 1.6M |
| Long-Term Debt | N/A | N/A | N/A |
| Debt/Equity | N/A | N/A | 0.00 |
| Interest Coverage | -47.1 | -42.1 | -42.1 |
| Equity | N/A | N/A | 0 |
| Total Assets | 50K | 61K | 61K |
| Total Liabilities | N/A | N/A | N/A |
| Intangibles | N/A | N/A | N/A |
| Retained Earnings | -14M | -14M | -14M |
| Working Capital | 1.7M | 1.2M | 1.2M |
| Current Assets | 2.1M | 1.6M | 1.6M |
| Current Liabilities | 389K | 391K | 391K |
| Per Share Data | |||
| EPS | -1.30 | 10.40 | 10.40 |
| Owner EPS | N/A | 0.00 | 0.00 |
| Book Value | N/A | N/A | 0.00 |
| Cash Flow/Share | N/A | 0.00 | 0.00 |
| Dividends/Share | N/A | N/A | 0.00 |
| Shares Out. | N/A | 439.1M | 439.1M |
| Valuation | |||
| P/E Ratio | N/A | N/A | 0.0 |
| P/FCF | N/A | N/A | 1.0 |
| EV/EBIT | N/A | N/A | N/A |
| Price/Book | N/A | N/A | N/A |
| Price/Sales | N/A | N/A | 460.9 |
| FCF Yield | N/A | N/A | 97.8% |
| Market Cap | 0 | 0 | 457K |
| Avg. Price | 0.00 | 0.00 | 0.00 |
| Year-End Price | 0.00 | 0.00 | 0.00 |
FEC Resources Inc. passes 0 of 9 quality checks, indicating weak fundamentals.
FEC Resources Inc. (FECOF) has a current P/E ratio of 0.0.
FEC Resources Inc. (FECOF) has a market capitalization of $457K. It is classified as a small-cap stock.
FEC Resources Inc. (FECOF) does not currently pay a regular dividend.
FEC Resources Inc. (FECOF) operates in the Crude Petroleum & Natural Gas industry, within the Energy sector.
FEC Resources Inc. (FECOF) reported annual revenue of $1 thousand in its most recent fiscal year, based on SEC EDGAR filings.
FEC Resources Inc. (FECOF) generated $447 thousand in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
FEC Resources Inc. (FECOF) reported earnings per share (EPS) of $10.40 in its most recent fiscal year.
The Ledger Terminal provides 2 years of financial data for FEC Resources Inc. (FECOF), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
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