Niko Resources Ltd.

$34.39 Outperform
Target: C$56.00
SymbolNKO.TO
ExchangeToronto
Trade Date-
Last Trade34.39
Change+0.87 - +2.60%
52-week Range32.50 - 80.29
Market Cap1.775B
Volume191172
Dividend Yield0.72
Price/Sales5.03
P/E RatioN/A
Niko Resources Ltd. is focused on sustained growth through successful exploration and production of oil and natural gas properties. The Company is currently one of the largest non-government landowner in both Indonesia and Trinidad. Their three part strategy is as follows. To work towards creating value through the successful exploration and development of high impact plays. To expand by leveraging financial strength and strong cash flows arising out of high netbacks and low finding costs. Lastly it is to manage risk though a diversified portfolio of international exploration assets.
TSX Edges Up At Open Thursday
RTT News - 4 hours ago
(RTTNews) - Bay Street stocks edged up at open Thursday amid buying across a variety of sectors, with the S&P/TSX Composite Index adding 51.33 points or 0.45 percent to 11377.41.
TSX Recovers From Multi-month Low As Gold Stocks Shine - Canadian Commentary - NASDAQ
GAIL, Oil India Eye Stake In Mukesh Ambani's Reliance Gas
Wall Street Journal - May 14, 2012
NEW DELHI (Dow Jones)--GAIL (India) Ltd. (532155.BY) and Oil India Ltd. (533106.BY) are keen to buy stakes in a gas transportation company owned by Indian billionaire Mukesh Ambani, executives at the two state-run companies said.
Reliance Industries Cuts Estimate Of Proven Natural Gas Reserves
Fox Business - May 9, 2012
NEW DELHI - Reliance Industries Ltd. (500325.BY) Wednesday cut its estimate of total proven natural gas reserves by 6.6% as it struggles with disappointing and declining output at its key D6 block in Krishna Godavari, which was intended to help it meet ...
Reliance Industries cuts India gas reserves estimate by 7 pct - Reuters India
TSX Ends At Near 5-Month Low On Greece - Canadian Commentary
NASDAQ - May 8, 2012
(RTTNews.com) - Canadian stocks ended lower for a fifth straight day Tuesday on a near 5-month low, on global cues as political uncertainty in the eurozone weighed on equity and commodity markets.
TSX Extends Losses As Commodities Dip On Eurozone Worries - Canadian Commentary - RTT News
TSX Dips At Open Monday
RTT News - May 7, 2012
(RTTNews) - Bay Street stocks dipped at open Monday amid selling in energy and base-metals stocks, with the S&P/TSX Composite Index shedding 63.74 points or 0.54 percent to 11807.49.
Niko slips on report of India rejecting RIL's cost recovery plan
Reuters India - May 4, 2012
REUTERS - Shares in Niko Resources Ltd (NKO.TO) fell as much as 4 percent on reports that India had rejected its partner Reliance Industries Inc's (RELI.
TSX Extends Losses As Energy Dives - Canadian Commentary
NASDAQ - May 4, 2012
(RTTNews.com) - Canadian stocks were extending losses for a third session Friday morning as energy prices dwindled after the OPEC hinted increasing output to curb prices.
TSX Dips At Open Friday
RTT News - May 4, 2012
(RTTNews) - Bay Street stocks dipped at open Friday amid selling in energy stocks, with the S&P/TSX Composite Index losing 75.19 points or 0.63 percent to 11939.71.
TSX Down At Open Thursday
RTT News - Apr 26, 2012
(RTTNews) - Bay Street stocks opened lower Thursday amid marginal selling across a variety of sectors, with the S&P/TSX Composite Index shedding 20.22 points or 0.17 percent to 12090.84.
Canadian Stocks Snap Three-Day Drop on Rising Natural Gas
BusinessWeek - Apr 25, 2012
By Joseph Ciolli on April 25, 2012 Canadian stocks rose for the first time in four days as natural gas prices increased and US companies reported better-than-forecast earnings.
Commodities Lift TSX Wednesday Morning - Canadian Commentary - RTT News