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Fortune Oil PLC Company Snapshot
Business Description:
Fortune Oil PLC operates in the Natural gas liquids sector. Fortune Oil PLC is an investment holding company. The Company focuses on oil and gas supply and infrastructure projects in China. It operates in six segments: Natural Gas, Single point mooring facility, Aviation Refueling, Trading, Products Terminal, and Others. As of December 31, 2010, the Company had 21 retail compressed natural gas stations in operation, with 5 still under construction. The Company disposed a total 41.3% interest in Fortune Liulin Gas Company Limited (FLG) on March 25, 2010 and December 15, 2010 respectively to Dart Energy. The Company disposed of its interest in Shuozhou Jingping Natural Gas Limited on August 1, 2010 and Henan Green Energy Development Company Limited on October 31, 2010. In August 2010, it acquired a 65% interest in Beijing Everthriving Energy Technology Company Limited. On May 19, 2010, the Company acquired 51% interest of Liaoning Fortune Gas Company Limited. In our complete report available for purchase the company is compared to: Salamander Energy PLC, Afren PLC and Melrose Resources PLC.
   
   
 
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Fortune Oil PLC
  Stock Performance Chart for Fortune Oil PLC
 
  Stock Data: Recent Stock Performance:
  Current Price (2/3/2012): 11.25p
(Figures in Pounds Sterling)
1 Week -1.1%   13 Weeks 8.4%  
4 Weeks 13.9%   52 Weeks 7.1%  
 
Fortune Oil PLC Key Data:
  Ticker: FTO Country: UNITED KINGDOM
  Exchanges: LON Major Industry: Oil, Gas, Coal & Related Services
    Sub Industry: Liquefied Petroleum Gas Distributors
  2010 Sales 275,754,000
(Year Ending Jan 2011).
Employees: 1,396
  Currency: Pounds Sterling Market Cap: 213,486,309
  Fiscal Yr Ends: December Shares Outstanding: 1,897,656,081
  Share Type: Ordinary Closely Held Shares: 752,822,672
 
 
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