Coastal Caribbean Oils & Minerals Profit Margin 2010-2014 | COCBF
Current and historical gross margin, operating margin and net profit margin for Coastal Caribbean Oils & Minerals (COCBF) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Coastal Caribbean Oils & Minerals net profit margin as of September 30, 2014 is 0%.
Coastal Caribbean Oils & Minerals Annual Profit Margins |
Coastal Caribbean Oils & Minerals Quarterly Profit Margins |
Sector |
Industry |
Market Cap |
Revenue |
Oils/Energy |
Oil & Gas - US Exploration and Production |
$0.000B |
$0.000B |
Coastal Caribbean Oils & Minerals, Ltd. is a Bermuda-based holding company for Coastal Petroleum Company (Coastal Petroleum). The Company is engaged through its subsidiary, Coastal Petroleum, in the exploration for oil and gas reserves. The Company's growth is driven primarily by exploration and development activities. The Company's business strategy is acquiring and drilling prospects that have potential in oil and gas. Through its wholly owned subsidiary, Coastal Petroleum, the Company explored for oil and gas in Montana. The Company has also drilled exploratory gas well on Valley County, Montana Leases to test multiple zones potentially containing natural gas. The Company recorded impairment losses for all costs incurred for property leases, exploration and development activities relating to leases. The Company is not currently conducting drilling operations. The Company does not currently hold any oil and gas property and rights.
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