We are an early-stage development oil and gas company seeking to become an independent energy company. Our assets and principal properties are located in the Gulf States Drill Region, where we target acquisition and subsequent exploitation and development of crude oil and natural gas, including acquisitions of hydrocarbon revenues and underlying oil and gas exploration and production rights.
The business is unprofitable at the operating level (-106.82% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 0.8% YoY. The question is whether this is cyclical or a structural shift.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
$737K
▼ -0.8% YoY
Net Income (TTM)
-$1M
▲ +31.1% YoY
Op. Margin
-156.01%
▲ +58.8pp YoY
ROIC
-11.01%
▲ +11.5pp YoY
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
$24K
▲ +311.4% YoY
Net Debt
$29K
Cash & Equiv.
$91K
3Y CAGR: +108.3%
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